Question about IPO

I wonder what the tips "

Your request for shares of this IPO could not be served.
  • Your company is not eligible to participate in an IPO yet. You have to accumulate more equity.

" means?

Thank you very much.

For an IPO you need to have a certain positive history of creating profit. You can't go public in the early stages.

As the message says, you will need to play a couple more weeks with profits to increase your equity.

You have to have at least 20 million AS$ equity (seats, buildings, aircraft, investments) in order to be able to participate in an IPO.

You have to have at least 20 million AS$ equity (seats, buildings, aircraft, investments) in order to be able to participate in an IPO.

Ah, thanks, I was wondering.

You have to have at least 20 million AS$ equity (seats, buildings, aircraft, investments) in order to be able to participate in an IPO.

I see! Thank you very much!