PO3 different kettle of fish, rose 50c to $4 on US billionaire buying large chunk & getting seat on board. Was & still is a very thinly traded stock, hence the premium paid for chunk of stock.
DOW has little if any impact on opening days of IPO's.
Solid huge opening trading day, heading towards 18M shares traded, double TTT on opening day. old hands selling no doubt.
I'm waiting for a SP dip to enter, I may not get a chance.
Good times for IPO holders.
Ann: K-TIG to commence trading on the ASX, page-54
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