Green Enefit IPO - 19% income return in 15 days

Updated: 21 October, 2021 seen 30

On October 6, 2021, I subscribed to 32 shares of Enefit Green during companies IPO. I got subscribed at EUR 2.90.

On the first trading day on the Nasdaq Baltics, I sold all my 32 shares at EUR 3.46 or realized 0.56 cents per share (before taxes). That translates to about 19% gain in just 15 days. 

Sadly my investment was just EUR 100, so do the gains were humble if exchanged to EUR value.

Well, this was interesting, already the second IPO from the Baltics I took participation (the first one being DelfinGroup from Latvia, where results are not so good yet)

I wouldn't say I'm super excited about the gains. Yes, they are nice, but trading in the US stock market gives us much more opportunities. and gains of 10%+ are not rare on a daily basis. 

Anyhow, as someone with a Baltic origin, I like investing in the Baltic market, and Green benefit indeed seems one of the most interesting deals of this year. Most probably in years to come, we will see only stock value appreciation, but that's already another story



Hi! My name is Reinis Fischer (38), a proud dad and devoted husband. CEO and Founder of Terramatris crypto hedge fund, drone enthusiast, world traveler, photographer, and passionate lover of Georgian cuisine (vegetarian).

An ex-pat living in Georgia since 2011, I trade stocks, take photographs, work out at the gym, and many more. Here I write about travel, finance, and other things that might interest me.