an oversubscribed IPO will more than likely see the SP rise 10 - 25% or even more on its first day of trading.
this would hopefully grab the attention of the many investment journos and hopefully it becomes newsworthy and reported.
This then grabs the attention of the retail investors who read these journo articles and they then do some DD and research on this Gem.
its advertising that is priceless and could provide for greater sentiment. We all know what happens to an SP when sentiment builds.
just a thought though and GLTAH
- Forums
- ASX - By Stock
- Ann: Appendix 3Y
an oversubscribed IPO will more than likely see the SP rise 10 -...
Featured News
Add IHL (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online