pointless in this early stage at having a guess, however look at...

pointless in this early stage at having a guess, however look at PXG which listed a couple of month prior to IVG.

listed at 0.20 hit a low of 0.15 when the market was in a better mood.

Now that news flow has commenced PXG is 30.

I was in PXG IPO and have exited.

I also participated in IVG IPO but only a token amount, as I didn't want to be loaded up at 0.20 when previous IPOs all went under listing price.

MC $2mil says it for me, and imo IVG looked the better bet than PXG. That's until QLD Floods got in the way and delayed things.