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 IPO: Kawan Renergy Bhd, Potential IPO - Ace Market

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kb2005
post May 20 2024, 09:08 AM

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QUOTE(IPO ADDICT @ May 19 2024, 12:39 AM)
the rule of thumb.....Economics 101 

the smaller the number of the IPO shares - the easier to be Cornered / Manipulated /Golengg blink.gif  thumbsup.gif
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Welcome back from 1 day holiday! biggrin.gif
kb2005
post May 20 2024, 05:12 PM

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17,875 posts

Joined: Jan 2005



QUOTE(nexona88 @ May 20 2024, 11:51 AM)
Small numbers of shares being allocated,
Like 2k or 3k shares only

Opening like few cents premium... Then sold...

Add all the cost involved....

Profit very minimal... Thus no meat 😋
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Still can eat KFC/DFC.

 

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