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28/11/14
10:11
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Originally posted by JG002
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Hi Katavi
I've also taken a size able position in this ipo.
I do share your concerns about scalebacks.
However, if you look at healthscope there were minimal scalebacks.
I was allocated the full amount by 2 brokers and that has done well since listing.
MPL massive scalebacks and has only had a lukewarm debut, but it' very early days.
Regis listed in the middle of a market correction in October and has returned around 15%.
Estia is in a attractive sector, priced well relative to it's peers and would be surprised if it listed at less than a 5% premium.
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Thanks Dimaz. Appreciated. I know a few punters who have gone into this stock and they are normally very conservative when it comes to selecting IPOs .