there have been over 20-30 ipos that have been listed as oversubscribed past decade, only to tank day 1. So everyone surely knows that fact isnt a guarantee of a stag profit. Demand can be artificially spun from gullible retail, especially on ASX floats. US floats have much stricter processes. Shame on ASIC and ASX for allowing this float to proceed, giving ASX a bad name on the global stage for IPOs.
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)