Sometimes it is the way it goes, sometimes you get in the IPO sometimes you don't ...
$2 million pre ipo offer was for 708's only... @16c
I am under the impression the IPO has been oversubscribed...
Prior to prospectus 708's had a chance to grab shares at 20c and following the remaining float was filled by people on the books once prospectus was released to get enough investors to list on the ASX...
Some brokers or equity funds were given allocations in this instance and was filled in a matter of hours...
This is the first time I have been lucky enough to get in a IPO for a long time...
I have missed quite a few...
You never know what the market can do on open some 708's may offload early who got theirs at 16c so still plenty of time to get a position...
No option freebes too which I like aswell...
Board seem up to scratch and already, I have been lucky enough to see the backend of the system for merchants... Very promising for e stores... Just have to build up the exposure via marketing...
