I'm applied for this IPO for my SMSF, one of the reasons is they explicitly stated they will not increase the raise. I just sold out of L1 Long Short at at 15% loss to reinvest - one of the reasons I believe L1 f**d up is they doubled the raise due to demand, then had to invest too much which they did too quick.
I'm also in FGG which has done fine, moreso once the options were out the way.
IPO - Hearts and Minds Investments Limited, page-11
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