Posted this lastnight somewhere else and i agree with you...

Posted this lastnight somewhere else and i agree with you there.

you have wonder if this has been in the pipeline for a while or is it a desperate attempt to get cash in the bank and a firesale as the IPO is not being so well received after a few presentations by brokers in Canada???
Certainly by now they would have a feel for what they may get for it by way of interested investors.
Any IPO that is worth moolah gets interest from the get go once it is announced even when at the preliminary stages......... The smell of a quick buck and all that from sophisticates etc!!