Quote:
Originally Posted by
Tomtom
My most abiding impression is they went to market very early for one reason or another.
Shares trading at a 40% premium to IPO price - what makes you think they went to market
too early? If the shares were $1.10 they'd represent a good return. Retail investors are the only ones who went to market too early. The cornerstones are surely happy holders playing a risky, long-term, high growth investment on a company that they valued at around $27m ($1.00) at this stage. How long would you have waited to take it to market? They only played on the positive tech sentiment at the time.