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Who Bears The Cost Of Interest On Returned Money From Ipo's - Investment - Nairaland

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Who Bears The Cost Of Interest On Returned Money From Ipo's by Landmark(m): 3:02pm On Jan 21, 2008
Due to the latest trends in the stock exchange market, a lot of companies approach the market to raise capital and after innocent people uses their hard end money or wages to buy these shares the companies will now come some months after the closure of the IPO'S to tell the public they have excess stocks being subscribed for so they will return the excess back to the people.
My concern is who will be bear the interest that should have accrued if the funds were used as Fixed deposits, or for other investments. Are we sure this is not another cunning way of making use of peoples money to develop their companies without any interest accrued to the company involved.
Re: Who Bears The Cost Of Interest On Returned Money From Ipo's by frankiriri(m): 3:53pm On Jan 21, 2008
All business ventures involve some level of risk so the investor in public offers should know that he risks the possibillity of part of his money being returned.

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