It feels like someone, whoever it is/they are bought into this ipo is literally just to start dumping as soon as they came on market, same as yesterday when they sold it down to 30 and kept selling. Even now someone is pretty keen to sell into any sizeable bid.
This company is quite undervalued from what I’ve read, if they had a bit more patience they would likely be able to sell for multiples of this SP in the not too distant future it seems. Cannot believe how short sighted some people are.