nothing but unfortunate timing imho, xmas and Pike river disaster.
My broker tells me that they have the required funds now but still require some spread, he is confident that they will achieve this and list. Apparently an IPO is required to have 400 shareholders.
I am confident that they will be pulling out all stops to get the numbers and will list in Feb
note;my position is 'no position' only as i dont yet have the stock in my hot little hand yet
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