There is something I don't understand. Why would people sell...

  1. cyw
    3,372 Posts.
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    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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(20min delay)
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
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Last trade - 16.11pm 15/07/2025 (20 minute delay) ?
GQG (ASX) Chart
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