[Tyrannosaurs]

Agreed, I should probably have said "there is a feeling they might have missed out on a lot of money".

It's not clear cut but the share price hitting $46 suggests that they could have floated successful at a higher price.

[pfortuny]

Absolutely true. However, markets are not that easily understood and implicit expectations are quite difficult to assess.

My opinion is that if they had not gone public, nobody would have bought their shares for $46 each. But this is a worthless statement :)