I agree with you here, it’s implied 7 something is low and market price will determine offering. He needs sp to increase soon, otherwise a sh suit seems likely. I’ve seen them brought with less cause.
He was very very wrong in saying anything regarding the offering price. He wasn’t lying to investors, I am convinced he had no idea at that point. Rory seems to be at the very least a glass half full kind of guy.
The price rose to 18.71 after that I believe. A lot of people invested based off the assumption the offering would be higher then the SP.