RE: Converted - closed £1.2423 Sep 2021 23:50
Tbh was a "kind of" succesful day, as we raised 110m from the IPO. On the other hand, I feel like us, existing shareholders got fcked over the IPO, as today SP drop and tomorrow we will open at big loss, the same for OTC shareholders on a -33% loss. Feels like there is no expertise in PW team about IPO as they changed the price last minute for 15$ instead of the original 18.40$. People would think that the IPO would benefit current shareholders, but it went the other way around, sugar-coating short sellers, and traders for a small profit.