At least it wasn't as bad as you previously mused anyway:
"I won’t be surprised if it dips to ipo price on the first day of trading."
I'm sure there are many more keen to sell but the bulk of the IPO holders would presumably not be so keen if it dropped much more. I give you credit, though, for being more accurate than I. I expected a spike above 40c before settling back a bit.
Expectations of SP on listing, page-213
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Last
61.0¢ |
Change
0.040(7.02%) |
Mkt cap ! $131.9M | |||
| Open | High | Low | Value | Volume |
| 57.0¢ | 61.5¢ | 57.0¢ | $322.8K | 540.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7322 | 60.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 61.0¢ | 24244 | 2 |
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