Bobby Harvey
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Something to know about ahead of Ferrari IPO

In addition to the previous post. Here is something to know about ahead of Ferrari IPO:

The small float may make share trading volatile.

The IPO is of just 10% of the company, which means there will be a limited public float in the hands of a small number of shareholders. At the same time, FCA shareholders will own 80% of the rest of the company, and Piero Ferrari the final 10%. These factors combined may cause volatility in trading and block new shareholders from influencing management decision making.

Whatcha gonna do?