Thursday, March 23, 2006

Tim Hortons Priced

So Tim Hortons IPO just priced tonight at $23.16, which is above the initial price range of $18-20 per share. I entered the lottery to grab a few shares in the IPO, but it's very doubtful that individual investors will be allocated any shares. This is a hot IPO and 60% of the IPO shares will be reserved for Canadian investors. So we'll see late tonight if I receive any shares. Who knows... I could be one of the lucky ones.

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