TSN 0.00% 1.0¢ the sustainable nutrition group ltd

it's not over yet

  1. 797 Posts.
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    No info, incredibly frustrating for holders, especially with lots of confidence bring shown by management. Usually this sort of delay is some difficulty in filling the subscription. Trouble is, lots of instos will have closed their books on ipos for 2012, they will be very concerned aboit a last minute bad ipo to screw up their number.. If AURX are close they might still get there but I hope they have a 'B' plan ready (and it could be quite attractive, maybe needing board changes).

    I can't see how they can price until Mon pm our time. I assume we will get another 2 day trading halt. More painful waiting.

    I agree they have put themselves in a terrible corner with the deadline. Nornally in this situation, you delay the ipo, fix the problem or wait for a better time, not possible here so they are forced to keep trying, even if it's ugly. We can expect price negotiation but they just need to get it done.

    Hang in there, it's not over.
 
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