OCZ Technology Stock Starts Trading at 19 Percent Premium
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California-based OCZ Technology began trading at a 19% premium to its issue price when the computer components maker listed on London?s AIM today. Congrats to OCZ for becoming listed and raising millions of dollars this week. We know that OCZ has been working on this for a number of years and it’s good to see things working out for OCZ.
OCZ, whose high-performance components increase the speed and reliability of computers for the commercial and retail markets, raised 4.9m from a placing at 65p, valuing the firm at 27.2m. The company focuses on products for the high-performance and consumer memory sectors, computer power supply units and portable memory storage (flash).
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