The 'enviable position' of carriers' balance sheets...
What the numbers suggest
Unsurprisingly, InPost shares uncorked with a pop when they debuted in Amsterdam last week.
The Polish delivery locker firm priced at the top end of its indicated €14-€16 per-share price range, before immediately jumping to over €20.
Today, they’re hovering just under that level with, it’s fair to say, more askers than bidders (see the picture below) at multiple levels between €19.7 and €20.1.
Our pre-IPO coverage suggested InPost’s €8 billion valuation (now €10 billion) was perhaps a tad frothy, with enormous growth ...
Crew member dies as Maersk Frankfurt catches fire on maiden voyage
Maersk Frankfurt owner declares General Average, as fire-fighting continues
More danger to box ships as Houthis expand Red Sea attack arena
Bangladesh 'jam-packed' with cargo as curfew and internet restrictions continue
K+N eyes more cost-cutting after first-half profit and market share declines
'Last chance' for US importers to stock up before possible east coast port strike
New FMC regulation rules out carrier 'lame excuses' for rolling cargo
Maersk Frankfurt heads for open water as container fire subsides
Comment on this article