@1impulsebuyer You mustn't have been an initial investor in P2P to be up 12.8%! I did some work on that deal and feel bad for all the investors that bought into the IPO! Same with ASGL (asx code 4WD), where the company ended up being bought for a third of the IPO price!
To be fair, the P2P business model is fairly sound and it was a deal I was pretty excited about at the time and may buy into the company at some point, but I think the IPO price was too high.
If you are looking to hold FBR long-term, I think it could be a good place to park some money. Beyond the initial bricklaying opportunity, there is many other applications of the company's DST in the future.
@1impulsebuyer You mustn't have been an initial investor in P2P...
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