THI - Tim Horton's IPO

With the announcment of the latest developments in the Tim Horton's IPO, looks like 18% of the company will be offered at a price of $21-23 per share. As per my previous post in December, any price less than $50 is expected to be a deal for investors, for the short term. All accounts say that there will be a lack of growth within Canada the next few years, and Horton's will need additional menu items to entice consumers to maintain previous years' growth.