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Banyan Tree IPO book making from $1.07cts and oni 5% for public yahh.. any one subscribe to it.? stock is not cheap at all even if it sell at 0.87cts, maybe px open at 0.78cts, anyway very bad timing here to call on ppl like me to subcribe co's $$ is to pay off their dept and oso into Natsteel money bag, me losing $$$ now & even lose more if i subscribe.
ipo now very unlucky if you apply and get it.sometime overscribe and still go under ipo prices like lorenzo.very unlucky.
no IPO is good for current listed firms, more liquidity.. no bleeding... should stop all new IPO for 3 months.
luckily i didn't go for it!
ya, thaibev dropped a bit on debut... very stagnant price...
I think this is a bad timing for companies listing in this period of time... most will not do well.
adverse environment.
adverse environment.