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DewDiligence

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DewDiligence

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Re: biotech jim post# 170280

Thursday, 11/21/2013 4:08:54 PM

Thursday, November 21, 2013 4:08:54 PM

Post# of 257268
EVGN ends 1st day on NYSE @$17.32, +17% from the US IPO price of $14.75. The $17.32 close is +6% and +10%, respectively, relative to yesterday’s ($16.28) and today’s ($15.79) closing price on the TASE, at the current exchange rate.

It looks like EVGN’s bankers left a little money on the table when they reduced the IPO price at the last minute to get the deal done.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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