I wouldn't think so. It seems the company has targeted the 'loyal customers' more heavily than the instos with this IPO which I believe has resulted in 7.3m being raised initially which was short of the target. This is not a bad thing though, you would think the SP will be less volatile in the short/medium term as a result with a relatively tight register. With that being said, it is the instos who have big $ and have indicated that they would be more inclined at a revised price of 20c. Regardless though I believe this company has very strong growth potential coupled with the prospect of being the first certified organic fast food chain. Have taken a modest parcel and looking to ride this one for the long term.
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2 | 103000 | 0.012 |
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