I take your point but I, for one, would not be complaining if this had been just to sophisticated and institutional investors. My point was that from first impressions my inclination is that I would not want any of this action whereas when it is a share which I would like to have more of at a discount I don't get much of a look in. I think the underwriter will have their work cut out for them on this one. Wouldn't be surprised if brokers have to start ringing round trying to encourage participation.
PAN Price at posting:
39.5¢ Sentiment: Sell Disclosure: Held