their actual price should be at 0.25 only, just that it's highly overvalued, ended it's first day of trading at around 3x ++ price of ipo purchase.
so it's not unusual for the price to surge down, they are extremely small cap company with just around a few millions of revenue

technique for ipo:
subscribe for ipo, if you get it, then congrats, sell them all at the first day, MORNING SESSION, then guarantee profit..

more ipo listed this year got the same trend.
but in the long term this company got potential, because they use around 3million+ to earn 2million+, a 70%+ profit!!

can only enter in at lower price, not this price remember, the price of ipo is just RM0.25 only.

means still got space to move down if the investors want to take profit..

some more is extremely small cap company

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Added on December 24, 2009, 12:17 amtheir shares might also face liquidity problem

This post has been edited by sjz: Dec 24 2009, 12:17 AM