Sep 15 2016, 11:50 PM
QUOTE(ILoveLalat.net @ Sep 15 2016, 09:01 PM)
The last two IPOs, Chin Hin and HSS all had 100s at the beginning of the price range. (Example: 25,100 to 100,000 and 100,100 to 500,000)
It is known to not only affect your chances in getting the shares allotted but also the amount of shares as you can bid 100 shares more to get an extra 1,000 shares, which is a huge difference in terms of both profiting and breakeven on listing date.
hi bro, thanks for your analysis. have you applied IPO shares before? would u apply for this one?It is known to not only affect your chances in getting the shares allotted but also the amount of shares as you can bid 100 shares more to get an extra 1,000 shares, which is a huge difference in terms of both profiting and breakeven on listing date.
would like to know more about ur opinion on this. thanks! im planning to earn some arbitrage profit by selling in the first day.
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