ipo off.where to from here?, page-5

I suspect SEA is undervalued because it's had someone sitting on it in the lead up to this IPO.

Unfortunately, we should be at $1.30 now, where we could have dual listed on the TSX and at the same time raised half at around $1.30. Then went back to the market later on in the year at an even better price for the other half.

Now on Monday we'll probably be sitting at 85 cents with a bill from some investment banks in the mail.