Determination of Public Offering Price (1) – Part 2

Gun-Ho was having a cup of hot Longjing tea in his office in GH Development. At that moment, he received a rather unexpected call. It was from his sister.

"Congratulations, Gun-Ho. Dyeon Korea is going public, huh?"

"Oh, you saw the news?"

"Yeah. Actually, I learned it from my husband first. He heard about the news when he visited Dyeon Korea for work earlier. He told me that the workers there were vigorously talking about it."

"What were they saying?"

"The talks actually started last week. People talked about Dyeon Korea going public, and said that those, who purchased the company shares through the employee stock ownership program earlier, would make a lot of money soon."

"Hmm, is that right?"