In perhaps the most widely read IPO in the UK since Royal Mail, Saga (LSE: SAGA) has floated on the London Stock Exchange — but right at the bottom of the price range, at 185p, and it’s dropped a further 5p since then. But Owain Bennallack has an optimistic take on this — watch the video below to find out more…
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Why Saga plc’s IPO Flop May Be Good News
VIDEO: One Fool puts Saga plc (LON:SAGA) under the spotlight.
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RISK WARNING: should you invest, the value of your investment may rise or fall and your capital is at risk. Before investing, your individual circumstances should be assessed. Consider taking independent financial advice. The Motley Fool believes in building wealth through long-term investing and so we do not promote or encourage high-risk activities including day trading, CFDs, spread betting, cryptocurrencies, and forex. Where we promote an affiliate partnerâs brokerage products, these are focused on the trading of readily releasable securities.
