yep, the IPO has been cancelled. My morgans broker just confirmed.
Even after dropping the price from $2.50 to $2.25 they still couldn't get enough interest.
Too expensive. They will need to find some more revenue/profit to justify that price or drop below $2 if they want to try again in a few months with the same numbers.
yep, the IPO has been cancelled. My morgans broker just...
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