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Push start from Fidelity helped Ocado get its flotation away
Ocado had to rely on existing shareholders - and fund management group Fidelity in particular - to get its recent stock market flotation away.
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More FTSE charts & pricesby Deborah Hyde on Jul 30, 2010 at 11:56
Shares in Ocado fell nearly 14% on the first day of conditional trading and are still trading below the offer price at 165.05p.
The company has not said how many customers bought shares in the group.
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3 comments so far. Why not have your say?
Paul
Jul 31, 2010 at 14:51
Comparing Ocado to Amazon, ASOS and Google really is DELUDED.
report thisEdward Parkin
Jul 31, 2010 at 20:08
Now I know Al Gore bought in - I'm glad I didn't!
report thisDennis .
Aug 01, 2010 at 23:14
I wonder which Fidelity Fund was involved?
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