DN Solutions (298440 KS) (DNS) aims to raise around US$1.1bn in its Korea IPO via selling a mix of primary and secondary shares. In this note, we talk about the not-so-positive aspects of the deal.
What is covered in the Full Insight:
Introduction to DN Solutions Pre-IPO
Stagnant Revenue and Volume Analysis
Order Book Dynamics
Dealer Dependence Issues
Stake Overhang and Financial Investor Activity
SUMMARY
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