SAV 0.00% 0.3¢ savcor group limited

Re-quotation?, page-4

  1. 150 Posts.
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    From what I have been told it was never an issue with too much stock being subscribed for ,but more of getting the brokers here to put up enough names to help with the spread.I believe solid support from a WA broker and large subscriptions from HK ,NY and London with the last three being the smart money realising the investment merit of the concept.Typically Aussies want something more sexy for a quick profit.
    I would be surprised if they list much above the issue price,though it would be nice.Everyone hates to wait ,but this one is really a 12-18 month hold for the sales revenue to get noticed and also the scale up of Sabre.
 
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