No my comment about it ‘opening at 40c’ was in reply to Soul13 saying ‘it’s easy to say it’s trading at 50% from ipo’.
IPO was 20c and is now 30c which is obviously 50%, but the day it floated it opened at about 40c so it’s not like it opened at 20c and gradually went up to 30c. It started at 40c, went to 55c or something and has gone down ever since. Of course a 40c share can become big. My other point was that the odds r against it increasing by 240 x what it is now to match the ResMed mc... But u never know..
Media Update, page-182
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1.9¢ |
Change
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Mkt cap ! $12.14M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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