That's why I'm selective in IPOs. I worked out a long time ago it's far better to go in hard on a tightly held IPO with a good business and a low EV and then hold than spreading yourself too thin and wide on over-hyped crap.
Notice zero "promotion" on social media about A3D and DEM prior to their respective listings. Great IPOs don't need "promotion" prior to listing. The capital structure and businesses speak for themselves.
IPO - De.Mem Ltd, page-56
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Last
13.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $39.43M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.5¢ | 13.0¢ | $8.522K | 65.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 24000 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 67780 | 4 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| DEM (ASX) Chart |