Fact is that GBI is not going to have a massve 'retail' following day 1...I'm in this for the long term and believe that the IPO will be the cheapest time to buy the stock.
The Domain guy said that the large lines of stock have been placed in 'safe hands'
You don't need thousands of mum and dads to drive a share price up
the retail punters will be attracted by a GBI piece on ACA or Today Tonight etc.. and due to the space, the people and companies involved it would make a great puff piece
Let's just wait and see...newsflow in 1st 8 weeks will be good I suspect
GBI Price at posting:
0.0¢ Sentiment: ST Buy Disclosure: Not Held