VGM 1.90% 53.5¢ victorian gold mines nl

I don't hold any stock in VGM, but I'm intrigued as to why after...

  1. 12 Posts.
    I don't hold any stock in VGM, but I'm intrigued as to why after a week of trading VGM is still more than 10% below the offer price?

    Would've thought with the heavy over-subscription, people who missed out would have jumped on the discount shares, and build up a position?
 
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Currently unlisted public company.

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