by Anura Guruge
on October 25, 2021
This has been talked about for months. Well, it looks like it has finally come to pass.
The ‘primary’ IPO will take place in Sweden, with U.S. availability slated, on the NASDAQ, this Friday.
Based on the latest data, the U.S. stock price is anticipated to be in the U.S. $6.20 range.
That I have to say is rather attractive & compelling. Less than half the price of a Ford (F) share.
Volvo is trying. They are being very aggressive about electrifying their range. They have had two good years.
I don’t see the stock doubling in a year, or doing a TSLA, but I suspect that it will STEADILY appreciate over the next few years. In the $6 range it is inexpensive enough. Worth a nibble. I might have to end up getting a few. SMILE. The price is right.
I just wanted to make sure you knew of the IPO. OK?
