ipo off.where to from here?, page-6

I really can't understand this, given that the SP will probably drop significantly on Monday, so next time we do the IPO the banks will still be looking at a discount from an already discounted SP (after the post-poned IPO announcement).

SEA better have an updated reserves report, acreage additions and steady production increases around the corner to set-up a better IPO whenever it continues.....

Really disappointed with management on this news. The company has had some opportunities to really impress the market (e.g. a reserves update should have been released before the IPO, given how important NPV metrics are in oil and gas) but has kept it's usual quiet and conservative self.

If the SP drops, I'll be looking to buy more, but I need to be cautious that I don't find myself overweight.