This seems to be what quite a few people are planning, which would mean a lower price than the 20c IPO price very early in the trading.
So why would people buy into the IPO in the first place as most would expect stale holders to sell??
A lot of what's going on here doesn't make any sense to me and lack of any information about the IPO being fully subscribed on the web page makes me suspect the rumour of 'fully subscribed', could be incorrect.
The prospectus was not closed early, it was in fact extended then later closed. It could also have been closed because there was not much interest at all. Apart from Josh, there has not been one other regular forum contributor that has claimed they bought shares in the IPO, which is a fairly telling sign.
PF1 Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
