What will you pay?
I'm interested to see the open of this. The issue was repriced from 30c to 25c as institutional investors said it was too much of a free kick to those investors who bought in at 20c 6 months ago.
It was covered 1.5x at 30c, and judging by the scale backs was well covered at 20c.
Lets hope the abalone fly.
IPO - Ocean Grown Abalone Limited, page-34
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