Here you go..
1. Expected broker Firm Scale backs: I think broker firm will be scaled back by 30% thru JLM and 60-70% if you go thru Morgans / Commsec.
2. Expected retail demand: I think it will br around $3 billion
3. Expected Institutional Dog fight : agree that domestic insto will be screwed again. Just heard from AFR sunday that domestic insto tried to get their allocation thru retail broker firm.
4. Final price : I had a feeling it will be around $1.85-1.90
5. 25th Nov Closing Price : it will be around $2.00
6. Price by 5th Dec Start of Normal Settlement : maybe around $2.10.. I would wait until around Jan/Feb before selling.. Having said that if there is another interesting IPO coming along, I might partially sell my holding.
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Shanthar Pathmanathan, MD
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