As soon as I saw that Top 20 list I had a pretty good idea of where this was going after the opening trades. Some lead managers, brokers and IPO subscribers themselves do talk a lot of crap about allocations and how it's as tight as a drum etc etc. In my opinion, this was hyped to ensure a stag (and they succeeded so well done), not to benefit people buying on market on opening.
I like the long term prospects and I'm a buyer. Not yet though.
SE1 Price at posting:
33.0¢ Sentiment: None Disclosure: Not Held
