Well hey you got the points there. But from my prospective, I always find IPO is a high risk and no matter how well the prospectus is presented. Most of the time it is depending on the market's timing and demand. (i'm not saying prospectus aren't any good).
We all know that the current demand for software & services/telecommunication industry are definitely growly vastly.
Also if you look in to the timing in IPO market, all the shares listed since April till now, avg 2 out of 10 is making lost.
It won't be a benchmark but it will indicate the demand for the industry. I'm not saying it will shoot up, but if it shoots up, I would find myself to be surprised and i will triple down my investment in AUCLOUD! but yea... bidder is closed.
Hey I'm junkie investor, $0.20 software and services share. That is a bargain right. hahah
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