IPOBoutique.Com rates secondary offerings to hit the tape with a ‘BUY’, ‘NEUTRAL’ or ‘AVOID’ rating. Senior Managing Partner Scott Sweet maintains a track record for all secondary’s he’s issued with a ‘BUY’ rating.
Company: Brookfield Asset Management
Symbol: BAM
Price: Last trade $57.84
Trade Date: 4/21
Shares: 17.9 million
Underwriter(s) CIBC, RBC Capital Markets, Citigroup Global Markets Canada Inc., Deutsche Bank Securities
Rating= Subscription Needed
Company: Innocoll AG
Symbol: INNL
Price: Last trade $8.28
Trade Date: 4/23
Shares: 2.5 million
Underwriter(s) Piper Jaffray
Rating= Subscription Needed
Here’s a list of secondary’s that were announced before the bell on Monday.