Royal Wolf Initial Public Offering (IPO)

I am sure most of you in Australia, if not all, would have heard about the IPO for Royal Wolf. The IPO was opened on Friday, 20^th May 2011, and will close on Friday, 27^th May 2011. The IPO price is $1.83 per share, but the minimum investment is $2,000 AUD, which is equivalent to approximately 1,092 shares. I believe the IPO is only opened to investors in Australia.

Royal wolf is in the industry of leasing and selling shipping containers. The main markets are in Australia and New Zealand. The proceeds of the IPO are intended to pay off the debts and license fees, and also to cover IPO-related expenses.

Buddha’s Festival

The once a year Buddha’s festival was here in Melbourne. As usual, the festival was held on weekends at Federation Square. It was intended to celebrate Buddha’s birthday, which is today. The exact date varies because the birth date is calculated based on lunar calendar.

I was born in a Buddhist family, but grew up learning a little bit of Buddhism and Christianity.

I went to Buddha’s festival on Saturday for the vegetarian food. I am not a vegetarian, but I do love vegetarian food.

The festival was pretty much the same like last year. Just in case you have not been to one, I will walk you through the Buddha’s festival for you. It was not a very big event, but it was fun, at least for me.