Hi cspro,
Based on the numbers and using Touchcorp as an example should trade at 85 c maximum.
However, the hype around this IPO could mean anything for listing price. Agree with Dimaz that $1 may be the tipping point. If it clears $1 then anything could happen ! I do recall a lot of us, including me, getting excited about the potential of Medibank on listing and it was very average. I hope this is not a repeat .
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- Future Fibre Technologies IPO via KTM Capital
Future Fibre Technologies IPO via KTM Capital, page-126
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