GBI 0.00% 16.0¢ genera biosystems limited

gbi article in afr market wrap, page-4

  1. TTH
    1,255 Posts.
    Many thanks again, Deca.

    I've read the AFR article (yes, very upbeat) and have stored the html for reading later (I do have a day job!).

    The more I read about Genera the more I think I want to take up some of the IPO. I've not got a huge amount of funds available atm (like most in the market), but I could do some rearranging of 'dud' stocks to have a punt.

    Whilst this is obviously not a market where investors are throwing money around, do you think there's much chance of the IPO being oversubscribed? If so, what happens ... is it a first-come-first-served scenerio (re. when you apply), or do they allocate on a pro-rata basis (or otherwise)? Sorry to be so nieve on this one, but I've never actually gone for an IPO before ... it's always been up & running companies.

    Cheers.

    p.s. I've finally changed the post sentiment to 'Buy'
 
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