In today’s briefing:
- Amman Mineral (AMMN IJ): Potential Passive Inflows Coming Up Soon
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Amman Mineral (AMMN IJ): Potential Passive Inflows Coming Up Soon
- Amman Mineral Internasional (AMMN IJ) listed on the Main Board of the IDX in July by raising US$715m in the largest Indonesia IPO for the year.
- The stock did not get Fast Entry to any of the local or global indices given the low float, but there could be multiple index inclusions in the near future.
- The stock is up 3x from its IPO price and there could be supply from some of the investors that got in at the offering price.