With the minister informing today that even at $2.10 it is covered multiple times confirms that the Final Price will be above $2 and also confirms that the after market will be a ripper. Can you recall this kind of craze for a Fed Float since CBA or Telstra 1. I agree with Cafa on Clawback possibility of 10% but he was wrong on the other issue. That Claw back was placed in case of a week demand so Feds want to hold those clawed back 20% shares instead of diluting the market. Its not me saying one of the JLM senior corporate guy who is on the roadshow told me on the phone. So that part is 100% correct Cafa. But you are right Claw back is possible of some sort but the feds know clawing back 20% can give more Mom and dad votes yet they are making other voters unhappy e.g. ; us. This will fly after today's announcement and may be $2.10 will be the final price to leave some meat on the bone. Cheers. That's what The Australian said a day ago about the Final price.
