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 IPO: Sik Cheong Bhd, IPO - Ace Market

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earshore
post Jul 30 2024, 09:08 AM

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Joined: Mar 2015
11350 go go
earshore
post Aug 13 2024, 11:53 AM

Casual
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Junior Member
453 posts

Joined: Mar 2015
not sure why got huge selling pressure
earshore
post Aug 14 2024, 09:50 AM

Casual
***
Junior Member
453 posts

Joined: Mar 2015
QUOTE(v3t0 @ Aug 13 2024, 12:18 PM)
Buying demand is there but no one willing to buy at higher price than opened price. No choice, have to sell base on demand price which is lower than opened price. But as long as higher then IPO price, you should be happy to take profit regardless the amount.
Maybe people think this share is overvalued.
*
Still got plenty more sellers to clear, sellers willing to sell it lower than opening price

 

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