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Curious

Jus a curious soul w... • 1y

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!!?

3 Replies

Replies (3)

Anonymous 3

Hey I am on Medial • 1y

I think its because of people who chase IPOs for listing gains rather than long-term value

Anonymous 2

Hey I am on Medial • 1y

Once allotments are announced, the hype subsides as retail frenzy dies down. Maybe that's why it naturally corrects

Anonymous 1

Hey I am on Medial • 1y

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

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