Fair analysis I'd say - RM did a terrible job with Elsight, which actually was a pretty decent company to be listing. Had another broker like BW, Alto, etc done the job, that would have opened minimum 50% higher instead of capitulating over 25% on its first day (from memory). Nevertheless, small parcel only, so won't lose much sleep if down for a while until the tenements/drilling results kick into gear themselves.
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