my broker asked if i wanted some of this, i told him he must be joking.
i didnt expect this much of a hammering though!!!
if its anything like RCY then this will be worth zero, and the next instalment wont be taken up and neither will the last one. ie if it trades at a 70% discount to the IPO price this thing should $1 after the next 2 $1 instalments!!!
ounch!!!
JP Morgan coped a hiding, biggest shares holder, probably had to take it up as an underwriter!!!
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