Nickel Asia becomes second issuer to pull IPO in two days | FinanceAsia
Submitted by loner on 10 October, 2006 - 1:25am
Nickel Asia becomes second issuer to pull IPO in two days - The Philippines-based nickel miner fails to attract enough demand for its Toronto listing amid sliding commodity prices. [Finance Asia]
What did I say then?
Inverted skew for options on commodities (7 years 11 weeks ago):
Options on equities are well-known to exhibit "volatility skew", meaning the volatility of option...
