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Reliance Worldwide Placement - Too Much Too Soon

Jonathan Munz, the Chairman, is selling about 20% of Reliance Worldwide Corp Ltd (RWC AU)'s total outstanding shares, which also constitutes a majority of his shareholding.  We had earlier covered the IPO of the company Reliance Worldwide IPO - People Say Products Are Good but Expensive; Might Also Hold True for Shares ,  when the shares were deemed by many to be expensive. They are now trading 54% above the IPO price. RWC recently reported FY2017 results, beating consensus...(continued)

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Reliance Worldwide Placement - Too Much Too Soon

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