Plenti hosts subdued function as share price sinks – The Australian Financial Review

At the trendy Dolphin Hotel in Sydney’s Surry Hills on Wednesday, there were 40 or so guests of non-bank lender Plenti, which had booked out the restaurant. No doubt to mark its first day on the ASX.
Our spies reported the gathering as “pretty subdued”. And no wonder, given the float’s disappointing debut. It had, by close of business, finished 22 per cent below its IPO price.
Plenti chief executive Daniel Foggo has accused competitors of spreading misinformation. AWJ
As we noted on Tuesday, …

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