On first day listing, mother will go up to 0.80 cent and warrant to 0.20 cent. Only 10 mil for ipo, so they can goreng kaw...kaw....likes CAP and Pasukhas
private shares under subscribed 73 million n all given to retailers !! opening price will b less than 0.65 n warrant bolih dapat 8 to 10 sen . for 2 years unless they can take over a O n G company.
I believe there's no reason for it to crash as 90percent of amount raised is put in trustee....ultimately on listing company company doesnt habe business but has at least access to 300+ million and no debt...so can anyone tell me why wld it crash?
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Posted by lotsofmoney > 2013-04-04 12:13 | Report Abuse
It will open below the issue price.