Unlikely Closed on 30 May

Any recommendation on this IPO

Some one comment that this company hutang banyak sangat. Highly leverage.
maybe boleh lah naik... 0.030 ... to 0.350 at the open.

Over priced by 10%

I hope it will not open below 0.300. Otherwise it can be bad. Today's market close is not helping. I think 0.300 and above can let go first. Can buy back on the drop later or just forget about yhis counter. I had decided not to apply the last few IPOs so luckily or unluckily I don't have any but still intresread to daytrade.

Open at 0.265 and did recover to 0.290 after a low of 0.235 (just a few lot done here) and rebounce to the high 0f 0.295(just a few lot done at this level). For IPO I think this is very bad. They just got the timming very wrong.

If I still have the stocks now .
I will sel at 0.280/0.285 now and buy back at 0.260 later

Yes
I think should get out today
I don't think it will recover later days

Who is the others other than the "OWNER"

Today closed at 0.285 down 0.015. I think this is still high and will continue to slide in days to come.
For example today no swing at all just a oneway down.
I think major share holders had start to sell. I tested buying 3 times at different time and I got it from the same broker. an indication that that broker is selling a lot.
Maybe a good time to run before lossing more.