Originally Posted by
Baa_Baa
Yeah nah, they were probably the ones dumping this afternoon LOL. :ohmy:
Seriously though, such light volume, it only took one or two ponies to spook, sure won't be seeing an SSH from it. Shows how fragile the SPP process was though, bet they won't try and do a good deal for the minnows again, or did they underestimate the markets ability to completely discount their awesome news LOL. Sure sucked the kumara on this one.
"Dear pre-IPO investor,
Much and all as we had anticipated a healthy uplift in share price following the announcement of our exciting relationship with Microsoft and our exciting 2015 results and our exciting comms to market, it appears you got shafted by the minnows. Don't worry, you'll get them back later when you dump your millions of shares on the market. Meantime, it's back to business tomorrow. What hotel chain shall we announce first? Mandarin Oriental Hotel Group, Caesar’s Palace, the Hyatt Hotel? Time for some ramporama.
Yours SB.
;)