Sounds as though there was a custom allocation:
"The investors, which were chosen by the Freelancer board after the initial public offering ended oversubscribed"
http://www.afr.com/p/technology/freelancer_reveals_chosen_ipo_investors_s8IEtNl5j1J2gbVr2BHGfI
They would have chosen institutional and high profile investors for most of the allocation. Who knows what other basis they went with. Presumably some holders who they expect to sell to provide some liquidity.
Sounds as though there was a custom allocation:"The investors,...
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