BWI, any comments on this IPO????

[#1]

BWI, any comments on this IPO????

[ABuzz]

I've read all the info on it, and it appears to be a good one, only hassle is the small number of shares to be offered as IPO, which will probably see it oversubscribed by 15 - 20 times, so you aren't going to get many of them. Another hassle is that because it is so tightly held, will probably not be very fluid in the market, so you may have to sit with them for a while before being able to take profits. The early dividend is quite a nice move on their part though and will add some positive impetus to such a low value share. I'm waiting till they list and then I'll get in. CBH also looked very positive pre-listing and they are now down more than 15%, so general market sentiment could also play with this one.

[#3]

Thanks ABuzz.....that makes a lot of sense what you say, I think I may also see what happends post listing...cheers. Will watch closely though, does look good