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26/05/17
11:57
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Originally posted by djwally
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No offence intended but what's with the incessant criticism of Otsana? Yes looks like a few big holders jumped out early. The IPO market is not what it was six months ago where you could load up, close your eyes, pull the trigger and double or triple your money just because your broker had contacts and scored you a big allocation. Nowadays you have to do some research to make sure you like whats on offer. But the fact is despite a couple of short term misses, Otsana have done really well with some quality IPOs and RTOs recently. My advice if you don't have faith, don't buy in to any of their listings any more.
You are probably just pissed because you wanted to stag yourself and now your capital is stuck. I don't really care if the SP drops temporarily because i can load up some more in a quality company with great long term prospects. I had no intention on selling until at least after CFDA anyway, so what difference does it make. So long as they are have sufficient cash on hand so they don't have to dilute on the market i don't really care.
If you like GMV long term, chill out and enjoy the eventual ride.
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You sound like you are from Otsana pal!! I am stating a fact not fiction like you. Otsana utterly failed in keeping a tight register. I bought 2 times more shares on market than what I had in IPO. So try not to imagine and stop insulting ppl for stating the facts. GMV doesn't deserve the treatment it received because of broker's inefficiency in keeping a tight register
Last edited by
Sensi :
26/05/17