There is something I don't understand. Why would people sell down an IPO on the first day below its IPO price? Nobody is making money. You just did your due diligence, put your money on an IPO, got your shares and there is nothing in the market that tells you the company's situation has deteriorated since your application and you dump your shares on the first day at a loss. Do these people have too much money that they want to lose some? Who are these people?
Has anyone here sold yesterday at a loss? Can you tell me what the logic is?
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- IPO - GQG Partners Inc. - 26 October 2021 #
GQG
gqg partners inc.
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$2.23

There is something I don't understand. Why would people sell...
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Last
$2.23 |
Change
0.060(2.76%) |
Mkt cap ! $6.590B |
Open | High | Low | Value | Volume |
$2.17 | $2.25 | $2.16 | $5.997M | 2.709M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1000 | $2.21 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.25 | 50649 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1000 | 2.210 |
2 | 3226 | 2.200 |
4 | 7699 | 2.190 |
3 | 70487 | 2.180 |
4 | 62552 | 2.170 |
Price($) | Vol. | No. |
---|---|---|
2.250 | 50649 | 5 |
2.260 | 16386 | 3 |
2.270 | 22400 | 3 |
2.280 | 67243 | 3 |
2.300 | 31543 | 5 |
Last trade - 16.11pm 15/07/2025 (20 minute delay) ? |
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GQG (ASX) Chart |
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HARANGA RESOURCES LIMITED.
Peter Batten, MD
Peter Batten
MD
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