Lots of chatter on twitter today and also the London chat boards from folk in Australia who have been seriously scaled back on their bids in the bookbuild. I've heard from a couple who have only received 10% of their bid and the most from one guy was 20%.
Gives Aussies a bit of a dilemma now. Assuming the main liquidity will remain on the AIM market for a while until the ASX listing beds in then anyone who was scaled back and wants more shares will be buying in London next week so in theory why don't they carry on and start buying from today and then move them to the ASX next week?
Seems there is a lot of pent up demand for Greatland shares - could be an explosive few weeks leading up to the Q2 results in mid July.
GLA - Paddy
GGP Price at posting:
0.6¢ Sentiment: Buy Disclosure: Held
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