Me right now: "ROFLMAO"
you still don't get it... so, SBB was up 30% after IPO, XPD was up 250% after IPO, TUP was up 700% after IPO, NNW was up 200% from IPO and an ASTRONOMICAL up 450,000% from seed... makes IPH look like a small boys game... doesn't it?
My argument is that IPOs are priced many multiples above the capital inputted into the companies. IPH is no different, and it's playing no different to other IPOs...
You've already shown you can't even perform a simple internet search... were you the grunt that was working for a multinational company in China? or was that Petepan?
CEO response to Shareholders letter, page-71
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