Friday, August 24, 2007

Pnina Feldman floating Diamond Rose

About the float:

Joe Gutnick’s sister Pnina Feldman led Diamond Rose to a stunning debut when her small gemstone hopeful finished its opening day valued at $159 million.

The shares opened at $1.51 and, within an hour, the hype surrounding the float had driven them to a staggering high of $1.75.

This represented a nine-fold increase on their 20c issue price.

Read More here