SHOCKING: Made.com – another disastrous 2021 IPO unravels – is anybody on the board not resigning?
It is only ten and a half months since online furniture seller Made.com (MADE) listed on the Main Market, raising £100million by issuing new shares at 200p while existing shareholders lobbed out a cheeky £90 million of stock onto gullible institutions. Today, after a dismal profits warning, the shares are just 56p to sell. Meanwhile another rat has left the sinking ship as it burns through its ill gotten IPO gains ever more rapidly.
- By Tom Winnifrith
- 2022-05-16 12:53:13