The GM ipo might be like the Myer float. All of them have loaded up thinking they're going to get $35 - $36 a share on open and make a quick 10%. Myer closed the day down 8.5%.
Could be panick stations if it opens flat then starts heading south. Honestly who's going to rock up with $5b on open and pay $35 $36 a share to all the stags.
thursday dodgy trading, page-41
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| Open | High | Low |
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| XJO (ASX) Chart |