Another overpriced instrument forged in America. One thing I noticed living in America. Virtually all companies are overpriced. There is no value for money. Everything has been running on petro-dollar fumes for decades. In the United States the American Dream is to get listed on the stock exchange. Whilst in the United Kingdom 'why would anybody be retarded enough to be listed'. The ones that make all the money are the companies that 'assist' you in being listed.
It’s what happens when securities are underwritten by 401K and retirement money.