IPO - Carbon Revolution Limited, page-203

probably no please explain as light volumes during holiday season(still) for most australians are on holiday
they keep pumping the stock. tell me how a 60% increase from IPO for a loss making company is justified especially as the market cap was already quite high at IPO. Pre IPO holders are laughing, when their 12 month escrow expires they will be able to make a big profit, despite ongoing losses from the company.