im very sure retailer who apply for this ipo... panic sold ...
mostly retailer who got the ipo without any escrow panic sold when it open at 80c...
the trading volume is still ok... which mean people are buying it...
normally ipo there a sell down during the opening... thats normal
so either way when we look at trp.. it a good investment since it starting phase 3 trails...
people are not interested in these sector right now.. they into battery tech or uranium...
it is a gamble for ipo, im suprise why it crash to 64c...
you got some big institutional holders...
either way i think time will tell... it all depend on the result on trails.. just like mining once they find gold... sp rocket...
if you worry about sp that mean you are short term traders...
like all stocks... it has it moments..
i got all sector of asx... this will be my first medicine stock...
if the risk is worth the reward... then hold...
if not ... sell...
for me , im holding since it has progressed in phase 3 ...
i could loss $10k or make $50k in a year...
the game is on..
