mm55mm-
It's a tough position they're in,isn't it?
If they list this year,the market won't provide the sort of IPO price they want,which will disappoint shareholders.
If they delay listing,the market will punish them as you say.
So it's a no-win at the moment.
I agree with Forlan that they might look towards an early '09 listing if it's possible.
They'll probably try to clear as many hurdles as possible in order to move quickly when the market improves,I'd say.
delayed ipo, page-6
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