Could be the case, but considering the lower number of shares on issue i dare say could go either way. But i can't see this dropping to IPO price any time soon though.. if ever..
the company is already making revenue, though not profit. But i do think there is a lot of promise here and hence i cannot see a retracement down to IPO price in my opinion.
they have an addressable market of circa 100 billion dollars. And expansion plans to Europe, China, US and Australia. Its also a unique offering as far as ASX listing goes and strong experience on the boards and management.
Good luck to all holders but i do think its a bargain right now considering its future potential.
IPO - Osteopore Limited, page-199
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