I suspect your right, might well have been a high demand from retail, but major funds baulked at taking sizeable chunck meaning big players did not see value and growth, even at $1.78.
This is somewhat warming to see markets operating conservatively, if it had listed and flopped both retail and major funds would not be happy. Need to wait for better quality floats to appear
IPO - Latitude Financial Group Limited, page-50
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 (20min delay)
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Last
$1.17 |
Change
0.010(0.87%) |
Mkt cap ! $1.195B | |||
| Open | High | Low | Value | Volume |
| $1.15 | $1.17 | $1.11 | $264.4K | 230.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | $1.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.18 | 33326 | 2 |
View Market Depth
| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
$1.15 |
Change
0.010 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| $1.15 | $1.15 | $1.15 | 4526 | ||
| Last updated 15.09pm 06/05/2024 ? | |||||
| LFS (ASX) Chart |