1ronnie was spot on the money, looks like MYOB @ $3.65 have left room for stags....
"MYOB will IPO at $3.65 a share at a $2.1 billion market cap on Monday. It raised $830 million from 150 institutional investors at a 16-times EBITDA valuation. However, theAFR reports the software company’s owners Bain Capital could’ve priced the deal higher (the original range was between $3 and $4 a share) but with a 57% share in MYOB that it reportedly wants to sell out in a few years, it was concerned how shares would trade after listing and opted for a more conservative price."
