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Path: ...!feeds.phibee-telecom.net!2.eu.feeder.erje.net!feeder.erje.net!proxad.net!feeder1-2.proxad.net!usenet-fr.net!news.gegeweb.eu!gegeweb.org!nntp.terraraq.uk!.POSTED.tunnel.sfere.anjou.terraraq.org.uk!not-for-mail From: Richard Kettlewell <invalid@invalid.invalid> Newsgroups: comp.os.linux.misc Subject: Re: rPI Goes Public Date: Thu, 13 Jun 2024 17:39:13 +0100 Organization: terraraq NNTP server Message-ID: <wwvr0d0g5la.fsf@LkoBDZeT.terraraq.uk> References: <WtqcncEXG8y0nPT7nZ2dnZfqn_adnZ2d@earthlink.com> <v4bisq$1hptf$1@dont-email.me> MIME-Version: 1.0 Content-Type: text/plain; charset=utf-8 Content-Transfer-Encoding: 8bit Injection-Info: innmantic.terraraq.uk; posting-host="tunnel.sfere.anjou.terraraq.org.uk:172.17.207.6"; logging-data="77485"; mail-complaints-to="usenet@innmantic.terraraq.uk" User-Agent: Gnus/5.13 (Gnus v5.13) Emacs/28.2 (gnu/linux) Cancel-Lock: sha1:o31zBd/WjHyWRKJRMBEHu0Q+u+I= X-Face: h[Hh-7npe<<b4/eW[]sat,I3O`t8A`(ej.H!F4\8|;ih)`7{@:A~/j1}gTt4e7-n*F?.Rl^ F<\{jehn7.KrO{!7=:(@J~]<.[{>v9!1<qZY,{EJxg6?Er4Y7Ng2\Ft>Z&W?r\c.!4DXH5PWpga"ha +r0NzP?vnz:e/knOY)PI- X-Boydie: NO Bytes: 2589 Lines: 25 Pancho <Pancho.Jones@proton.me> writes: > On 12/06/2024 03:00, 26xh.0717 wrote: >> https://www.euronews.com/business/2024/06/11/raspberry-pi-shares-rise-by-more-than-a-third-on-london-market-debut >> British microcomputer maker Raspberry Pi launched its initial >> public offering (IPO) today on the London Stock Exchange (LSE) >> after pricing its shares at 280p. >> For now, only conditional trading is allowed, which means that >> only some select investors will be able to trade the company’s >> shares, with the majority of retail investors having to wait >> until Friday 14 June, when trading opens for everyone. >> Following the IPO however, Raspberry Pi’s shares soared as >> high as 392p, with the company revealing that it was hoping >> for a valuation of about £541.6 million (€642.48 million). >> The Cambridge based group said on its website: “This is a >> watershed moment for Raspberry Pi, and the start of a new >> phase in our evolution: access to the public market will >> enable us to build more of the products you love, faster. > > Mighty white of them, while they pocket half a billion quid. I think you’ve confused the implied valuation of the whole business with the amount raised, which was £166M according to https://edition.cnn.com/2024/06/11/tech/raspberry-pi-ipo-london-stock-exchange/index.html -- https://www.greenend.org.uk/rjk/