Quote:
Originally Posted by firebug
One of the first deals I worked on was for Petrolifera Petroleum (PDP). We did a pre-ipo round at 1.50 and then an IPO for a $2.50 unit including a half warrant. I believe the stock topped out over $20 in its first year - my MD made over $1-M on just that one deal.
|
$10K from my college fund went to that IPO. Don’t know how much my parents put in. Definitely didn’t make a million, but low six figures. My dad’s friend who was a higher up at Petro-Canada put him onto it. A network of Irish immigrant professionals made a lot of money with that marvellous little company.