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Strategies & Market Trends : IPO and Other Stock Plays

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From: MLD386/13/2007 6:52:29 PM
   of 13331
 
Tardy BioFuel IPO seen pricing Wed., terms cut
yahoo.reuters.com
...The revised 5.25 million shares offering size is about 45 percent lower than the 9.5 million shares BioFuel initially planned to sell. The company has also lowered the price its shares will fetch by about 40 percent, ...The $10.50 per share maximum price for the IPO compares to a $13 to $14 range set on Monday, which was cut from an initial $16 and $18 range....
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