Sales BS from a salesman - how unusual ;) The IPO was way over...

Sales BS from a salesman - how unusual

The IPO was way over priced I think that's clear now - but they all do it and the brokers go out flogging this stuff.

They sexed up the prospectus as they all do... question is what was the true value of the company taking out the bits that didn't add up? Is it 3.7c - 5c - 10c or even 15c?

Maybe FD is not incorrect in the sense that we've had a swifty pulled in relation to the prospectus and the figures which has set off a heap of red flags which is fair enough but again the question is what is the true worth now as GT have done a number of accounts on them now & I'm sure the picture we have from the last accounts is not going to be to far from reality.

So based on the last accounts what do we have?