Tegel Group Holdings' share sale has at least some passing similarities to that of Scales Corp, which went public in 2014, selling shares at the bottom of its range in an IPO that left its major shareholder with a significant stake. The question some investors are asking is could Tegel also over-deliver.
from
http://www.nbr.co.nz/article/investors-ponder-whether-tegel-can-do-scales-b-187853
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