RE: Rising quickly now30 Aug 2019 14:48
JP and Numis did the IPO, so they are not going to want to issue really low targets, as would open them up to criticism of float price. The key one for me was Shore Cap - they kind of got it right despite what people say as they said sell, then hold as they reacted to it getting oversold. I think somewhere in the middle is about right maybe £1.50. Ironically, where it dropped from. That price had a lot of regulatory news built in as the FCA letter on guarantor loan issues was open and all points were known.