Medibank IPO Crystal Ball, page-14

  1. 5,784 Posts.
    government is treating this like an auction, hoping for top dollar...it feels a bit like telstra's buyback...let the market set the price...if it's anywhere near $2 i feel it's way overpriced for a mature business needing government subsidies to keep customers...i'm one of those customers and would buy into the float around 1.70 and have my finger on the sell button
 
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