IND 2.44% 20.0¢ industrial minerals ltd

Mineral sands, page-7

  1. 91 Posts.
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    @TheStooge - Of course there are companies with shares that go up & down.
    IMO, not many "Quality" companies the share moves more than 20% in 24hrs, or jumps 50-100% in 3 days, seems to be normally only speculative companies.

    IYO...I am wondering how that makes this a "quality IPO"? or what else makes this a Quality IPO?

    I understand that if you have shares in the IPO & they have gone up 50-100% in 3 days, you'd be pretty happy - but IMO, that fact alone doesn't make it "Quality". Just means that either the company undervalued the IPO & left money on the table, or their is hype in the market that has caused the price to rise disproportionately.
 
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