If people aren’t interested then I’ll double up when the IPO lists into any weakness because I’m an investor who runs my investments based heavily on peer comparisons and valuations within the market. That’s how I’ve always invested and the QEM valuation on list is showing it can easily double or even triple.
If investors want to sell down to say a hypothetical 15 cents and value her with an enterprise value of 10 million with 5 million at bank I’ll be there waiting to scoop them up.
IPO - QEM Limited, page-19
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