Jul 10 2013, 04:56 PM
QUOTE(azlan88 @ Jun 21 2013, 08:40 PM)
Astro quite difficult to stabilise because of three factor:
1) huge amount of shares offered (1.5billion)
2) high IPO price (RM3.00)
3) shareholder from their employess get shares at cheap price (<RM2.00), so they start to sell on first day.
Good luck to those who get AAX shares. At Rm1.25 you can expect at least some profit unlike astro.
point no 3 is not true. ASTRO employees get their share same price like public. *Astro employee here* 1) huge amount of shares offered (1.5billion)
2) high IPO price (RM3.00)
3) shareholder from their employess get shares at cheap price (<RM2.00), so they start to sell on first day.
Good luck to those who get AAX shares. At Rm1.25 you can expect at least some profit unlike astro.
Bosses yang paling pening kepala sebab lot offer besar and semua buat loan from bank. I heard ASTRO ipo tu ada some VVIP yang dapat saham for free.
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