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QR Float

Discussion in 'Shares' started by Johny_come_lately, 20th Nov, 2010.

  1. Johny_come_lately

    Johny_come_lately Well-Known Member

    Joined:
    1st Jul, 2009
    Posts:
    703
    Location:
    SE Queensland
    QR shares are valued at $2.55. Retail Queenslanders get a 10% discount at $2.45. Total float value is $4.6B, making the entire company worth $6.7B. On monday when QR goes on the ASX, institutions using indexing will have to buy up big with this large newcomer.





    Johny.