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Recently, some of the IPOs came to CSE have failed by decreasing the market price below the IPO price.
Most of the people said that the IPOs were over priced and few said current poor market conditions dropped down them.
But in USA the Face Book case is discussing with different perspectives than Sri Lanka. They point out the actions taken by underwriters of the IPO of Face Book. However this will not be a simple case like Sri Lanka.
http://finance.yahoo.com/news/sec-finra-review-facebook-issues-005837771.html
Most of the people said that the IPOs were over priced and few said current poor market conditions dropped down them.
But in USA the Face Book case is discussing with different perspectives than Sri Lanka. They point out the actions taken by underwriters of the IPO of Face Book. However this will not be a simple case like Sri Lanka.
http://finance.yahoo.com/news/sec-finra-review-facebook-issues-005837771.html
