Mynt prices GCash IPO at PHP 6.6 per share, Philippines' biggest-ever, ahead of Oct. 20 listing

Mynt priced the Philippine IPO of its GCash mobile wallet at PHP 6.6 per share, the country's biggest-ever listing, with the shares due to begin trading on Oct. 20. The pricing lands below the PHP 7 level a market commentator flagged as offering a margin of safety.

Detected & updated continuously · Source: Nebula