My broker rang this morning trying to interest me in this. The price being asked is down to $1.78 from the earlier $2-$2.25.My impression is that the price drop indicates a lack of interest from the institutions. The broker ringing means that they must not expect to have takers for all the shares on offer and are trying to round up some before it closes at 3:30pm today.My personal opinion is that GE Finance had a dreadful reputation, and some of the comments above suggest that too. As for the CEO, Australia Post made some progress under his leadership, but still has a long way to go.It is putting lipstick on a pig by describing it as "fintech" when it is late to that market and most of its business will not be "tech" at all.
