$PFSE (-3,76 %) I also bought shares during the IPO at 27. For me, the industry and the company were the deciding factors. As of December 31, 2024, the order backlog amounted to nearly 70% of 2024 annual revenue. That’s why I expected 2025 to be another year of growth.
I only bought 20 shares at first, since I wanted to wait and see how the stock price performed before buying more if necessary. I hadn’t expected this rapid rise. Perhaps the increase is also due to the low free float. It started at 30% and is now below 25%. You can see that funds are now buying in. In addition, a portion of shares is always held back during an IPO to support the share price.
For now, I’ll wait and see how things develop and perhaps buy more if the price dips.