First time I take part in an IPO. I was lured in by one of the podcasts that I listen to and signed up. Then after I got my shares another podcast trash talked the IPO. Lets just say the first trading day wasn't great with a decline of 20%. I've learned my lesson to look a bit closer at IPO's going forward. However I do think this company could become a nice dividend payer, I am however not sure how much they will pay so the effect as of yet is 0. It was just a small position so no harm done overall.
Shipping stocks are notorious for their volatile dividends so I doubt Ramlösa Shipping will be any different.
Number of shares bought: 500
Price: SEK 30.51
Effect on yearly dividend: +SEK 0.00
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