I got a mate of mine who is a client of Patersons to try and...

I got a mate of mine who is a client of Patersons to try and hook me up with some shares in the prospectus in early May when I found out about them and it was all done and dusted by then. Shares have traded pretty flat since, so if people who missed out were really aggressively accumulating they would have pushed the price higher by now IMO. All comes down to who the shares have been placed with and how well managed its going to be. The big chunk of cash they'll have in the bank, together with the rubbery nature of some of the income models that online marketers use nowadays should support the share price in the short to medium term IMO and judging by the recent backdoor tech company hysteria that has occurred recently they could gain a following....and from memory shares on issue after relisting are few (so good news there).

Having said that I'll give them a miss and watch from the sidelines.

Can't see much harm coming at these prices so good luck if you've decided to hold them.

Eshmun