bullrun wrote:What is the IPO price?
Rs.12.00
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bullrun wrote:What is the IPO price?
Redbulls wrote:bullrun wrote:What is the IPO price?
Rs.12.00
ddindika wrote:There is a selling pressure, looks like will go down the IPO price...
Universalgoal wrote:Today is Anilana day
Those who sell below IPO price must be the ones who bought @ lesser price at pre-ipo private placement. We cautioned members on this in time. Hence, many escaped slaughter happenning right now. SEC was boasting on regulations to stop this dirty game but nothing happens. Butchers have their day-analina day!!!UKboy wrote:Whoever bought ALHP @ the IPO and sold it below 12 should leave the market immediately.
You should have given a "balu Kaputu danaya" rather buying Anilana shares @ IPO.
Why on earth all these seller filled many forms few weeks ago? I simply cannot understand.
Disgraceful.
BTW I have no Anilana share & never wanted to buy any.
rasika5 wrote:Seems end up 25% down
Last edited by slstock on Wed Jul 17, 2013 2:11 pm; edited 1 time in total
slstock wrote:Could be the biggest loosing IPO on the 1st day?rasika5 wrote:Seems end up 25% down
K.Haputantri wrote:Those who sell below IPO price must be the ones who bought @ lesser price at pre-ipo private placement. We cautioned members on this in time. Hence, many escaped slaughter happenning right now. SEC was boasting on regulations to stop this dirty game but nothing happens. Butchers have their day-analina day!!!UKboy wrote:Whoever bought ALHP @ the IPO and sold it below 12 should leave the market immediately.
You should have given a "balu Kaputu danaya" rather buying Anilana shares @ IPO.
Why on earth all these seller filled many forms few weeks ago? I simply cannot understand.
Disgraceful.
BTW I have no Anilana share & never wanted to buy any.
manula wrote:K.Haputantri wrote:Those who sell below IPO price must be the ones who bought @ lesser price at pre-ipo private placement. We cautioned members on this in time. Hence, many escaped slaughter happenning right now. SEC was boasting on regulations to stop this dirty game but nothing happens. Butchers have their day-analina day!!!UKboy wrote:Whoever bought ALHP @ the IPO and sold it below 12 should leave the market immediately.
You should have given a "balu Kaputu danaya" rather buying Anilana shares @ IPO.
Why on earth all these seller filled many forms few weeks ago? I simply cannot understand.
Disgraceful.
BTW I have no Anilana share & never wanted to buy any.
Yes.. this may be correct.. I can re-member one broker hut did same thing before Softlogic IPO..
rasika5 wrote:manula wrote:K.Haputantri wrote:Those who sell below IPO price must be the ones who bought @ lesser price at pre-ipo private placement. We cautioned members on this in time. Hence, many escaped slaughter happenning right now. SEC was boasting on regulations to stop this dirty game but nothing happens. Butchers have their day-analina day!!!UKboy wrote:Whoever bought ALHP @ the IPO and sold it below 12 should leave the market immediately.
You should have given a "balu Kaputu danaya" rather buying Anilana shares @ IPO.
Why on earth all these seller filled many forms few weeks ago? I simply cannot understand.
Disgraceful.
BTW I have no Anilana share & never wanted to buy any.
Yes.. this may be correct.. I can re-member one broker hut did same thing before Softlogic IPO..
Thnx to the forum i guess many were saved. Sec should regulate pre ipo placements for eg: not allowing to sell their placement stakes till one year or so.That way private placements as well as ipo subscribers will look at the real value of share before jumping into it.
enthush wrote:All shares issued by way of a private placement or those of the promoters are locked in for at least 9-months after the IPO as per cse regulation…http://www.cse.lk/pdf/sec_directives/02-03-2012-SEC-Diverctive.pdf
And its clearly given in the prospectus,,,
So whoever sold shares lower must be those bought at Rs.12 at IPO
K.Haputantri wrote:Unable to read the Analina prospectus in the CSE web as they have removed it. Usually they should keep it under company financials but what prompted this removal is a mistary.
K.Haputantri wrote:Technically, what enthush posted may be correct but no person of sound mind would buy @ 12 & sell @ 11.
Hence, I guess that those who bought at private placement + subsequent sharesplit also may have applied for IPO shares @ Rs12 (which they can sell as they are not blocked) making their average much below Rs:12. They are the people who made the killing on the first day.They can earn a profit by selling IPO portion below IPO price.
?What a loop-hole!!! Food for thought to SEC & CSE. They should lock their names for this share and not pre-ipo shares only.
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