Inside Secure delivers solid performance after €69m IPO
Inside Secure, the contactless chip firm, was rewarded for a cautious approach to pricing a €69m IPO last week when it began trading on Monday with an 11% first day gain.
The company had priced the deal towards the top of the indicative range following a five times oversubscribed offer. It resisted the temptation to push pricing higher despite a lack of investor sensitivity given the grim fate of so many other deals over the last year and another
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