Legume, 6:41pm: "all ipos are done at unrealistically high prices... like way above the capital backing of the shares of the company... and then use brokers to sustain the high price for as long as possible... but eventually, they all fall back to ground earth... doesn't matter if it's an IPO by Chinese, Australian, German, Swedish, Nigerian, American, Brazilian... you name it"
Legume, 11:51pm: [acknowledges IPH is up about 300% in under 12 months]
Gassin, 1am, without sarcasm: "Legume you are Brilliant"
FD, right now: "LOLZ"
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CEO response to Shareholders letter, page-66
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