P911 GY - trades under IPO price

[lordturpin]

The Porsche IPO of Sept 2022 was priced at Euro 82.50 and then subsequently rallied up to a high of Euro 121 per share in March this year.

This week it dropped back below IPO price to 81.50 Euro.

Is it a Buy or a Sell here....!

[guyvert1]

How many do you have?

[lordturpin]

guyvert1 said:

How many do you have?

Just one - a 991.1 !

[SSO]

I just did an article on Porsche's 2023 results. Overall it looks like it was a very solid year. The ownership structure is complex to say the least.

[marky1]

I bought some at 74. I think with a bit of time we will see new highs.

[SSO]

marky1 said:

I bought some at 74. I think with a bit of time we will see new highs.

If they simplify the ownership structure it would help hugely. That and finally resolve a few lawsuits.