For me, investing in newly IPOs or specs need to follow the...

For me, investing in newly IPOs or specs need to follow the followings:
1. Know your risk tolerant, ie., how much capital you you can risk?
2. DYOR, choose the entry prices with minimal downside. Worst case, you will lost the capital allowed above and your waiting TIME or opportunity costs. But hey, you can't always win in this game
3. Get in early before get noticed or before fundamentals so obvious. Otherwise, you have to pay a higher prices or inflated prices

Again, with BTH, I don't see much downside risks (compared within the sectors) but lots of potential. Please be reminded that investing in specs, because of its lacking of detail information, I tend to go with managements or directors with proven track records. It's kind of a vote of confident for me. And David Keane, our Executive CEO, "David founded Veritel Wireless Pty Ltd which grew within three years to be one of the largest providers of wireless internet in Australia. Veritel was then sold to BigAir Australia Pty Ltd (now BigAir Group Ltd) on its path to ASX- listing". This guy he knows what he's doing.

And this is just for me. Everybody again should DYOR.