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Good points. Especially seed investor selling. Happens too...

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AllFuelledUp

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12/12/18

13:21

Post #: 36833087
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Originally posted by ChippyDude ↑

Its going to list with a Market Cap of 30 million, while raising just 4.5 million in the IPO, So IPO buyers will only have 1/6th of the shares.

The seed investors will be waiting for it to list so they can all unload their 5c seed shares for 20c plus.

Typical IPO looks like, will probably swing 50% in price up and down after listing.

I dont see this as a blockbuster World Wide Gamechanger stock, like some others I hold.

Lollies is an industry with thousands of established players in it already.

Listing this is more about giving the CEOs millions of $$ worth of equity.

It dosnt look like a multibag or 10 bag opportunity for IPO investors to me.

But that dosnt mean a few trades might run ok on it.

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Good points. Especially seed investor selling. Happens too often. Sigh
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