From a Morgan's broker.
The bid for their entire office was scaled back by that range I believe.
I also hear that spreading your allocation across multiple names will be of help.
Another valuable comment from someone on this thread is do not forget local PNG institutional demand.
Three large PNG Funds already taking half the shares on offer per the prospectus.
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- Kina Securities Ipo
Kina Securities Ipo, page-19
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