" I myself have taken positions in IPOs I know will be shyte but because the broker has struggled to fill it I elect to support it. Good karma comes back in multiples." meula
Done the same thing myself. That is how you build relationships and get allocations to the great floats. To all who use comsec most of the time, go to them and ask for an allocation. Good luck! Or the ones that get an allocation from a broker and then sell it on Comsec. Great move! It is sometimes worth pondering old proverbs, "Penny wise and pound foolish" comes to mind.
Cheers
Neptune
Alderan IPO, page-43
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