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Curious

Stealth • 5h

do you have any idea why the GMP of many IPOs right now is being too high and then as the allotment is OUT GMP drops down by a significant percent.! any idea why!!?

1 replies3 likes

Replies (1)

Anonymous 1

Stealth • 2m

Because of speculative demand na, I think people hope and expect these big names to get oversubscribed and so they get listed at a much higher price and then they can sell for short term gains

0 replies

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