buy-sell ratio

  1. 251 Posts.
    Well this is going to be very interesting.Over subscribed,early close on the offer,and ABSOLUTE DISCRETION OF ALLOCATION BY THE COMPANY.Can see this been a fight to get the first availiable on the sell side.As I see it the employees will be the first allocated,then the insto buyers.If there are any left for the average punter,their allocation will be very small.But they did state the minimum buy had to be 2000 shares.And the escrow arrangement with existing SH,s,does that mean they can,t sell the 25m shares been allocated to them on the float.Or does it mean they can,t sell their existing shares of 90m.The time line from sorting the allocation out,and then notifying the luck recipients,and been registered on the sercurities,doesn,t seem to me anyone will have shares to sell anyway,by Nov3rd.
 
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