Surprised there hasn't been more chat on this IPO.
Was pretty highly publicised and oversubscribed...yet finds itself down nearly 10% from IPO price, perhaps with the influence of BAL playing a part?
Seems to be a very different kettle of fish though...apart from focusing on Organic...
There's a report out on this one if anyone is looking for a summary of the IPO.
http://www.iposociety.com.au/ipo-review-bod-australia-asx-bda/
The data suggests it could be a high growth market but at the same time, also a very congested one.
Anyone thinking about purchasing when it lists?
Uncertainty doesn't bode well for the stock at the moment, particularly if the ramifications are much more profound that the immediate issue at hand.
Seems to have stemmed the tide this morning on open, although like anything, it could all swing pretty easily
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