Ann: Way2VAT lists on ASX following over-subscribed IPO, page-123

There are some who are upset because they were not able to buy at 20 C (IPO price).

There are others who are watching their profit decline (comparing SP today VS the opening day) and regretting.

Remember, nobody knew that the SP will almost double on the opening day and still bought it.

The price you are selling today is the price someone willing to pay you today. The buyer is buying because he is optimistic about the future of the company and sellers are worried about the future at the moment. This is the dilemma of the stock market.

My average is 35 C. I bought it because i like the fundamentals of the company and saw the growth potential. I do not expect to get rich in one week. If SP can almost double on the opening day, an announcement can do the same any day.

"THERE IS ALWAYS A RISK IN THE STOCK MARKET"

Remember, “The stock market is a device for transferring money from the impatient to the patient.” Warren Buffett

DYOR