Virgin Australia IPO Discussion

[cove]

It was interesting that this IPO got rushed.Waiting for Godot Is what I believe we will get from our bid for 100,000 @ $2.90.Lucky it’s only money.
Mrscove kept our original Qantas float shares.

 

[RooFlyer]

@cove how much of the broker firm allocations do you think will leak out when trading opens?

They would’ve allocated them to their clients on the basis that the clients were 'sticky', but you never know

 

[cove]

Bain will want some trades to occur so that the fresh sellers can celebrate their profits. I just want to get some at what is expected to be the “ground floor pricing” as this first IPO is cheap.
Ords and Wilson’s are not brokers that we have used.
Our bid is thru Crestone to Barrenjoey and so far I have been told that they were heavily over subscribed.