freelancer ipo, page-5

The word is that the demand exceed the supply by 7 times as of 2 weeks ago. This will fly for the following reasons. Listing at half the rejected price + No sell down and the CEO on record as per a news article I read that he will buy shares + Number 1 in the world in this type of business + very few tradable shares, I mean once you remove the 87.3% escrowed + 6% for the Funds and 5 % for the employees ( Do your own Math ) , growing at lightning speed etc. Having said all that the chances of getting any are very minute. Once the selling by little guys like us is done in the first hour or 2, then the sell side volume might disappear all together. So any way you look at it, this will pass $1 mark even possibly on day 1. No rocket science. Hardly any shares to be sold on the market and that will keep pushing the SP higher and higher.