Oh dearie me!
Many thanks to peng01 for the following pix.
Do read peng01 post here: http://peng01.blogspot.com/2011/06/xox-d.html
Sigh!
I understand that their average cost per share is so low ( see posting here ) but how could they be laughing so happily when their share created IPO Hall Of Shame when it plunged 35% on its listing day?
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6 comments:
I am interested to know who is the left hand corner guy who does not smile
Strange that my friends & I as mobile phone users have never heard of XOX before. Have you, dear Moola?
That's correct. I too have not heard of XOX prior to its IPO!
Where they can find such a mood to
celebrate in such situation? Hmm!
of course they know all those suckers
r screw thoroughly !
Moola, basically if an new IPO open upon listing; whether making money or not, it is a willing buyer or willing seller basis.
I have one experience that I would like to share with you all. Please refer to this site:
http://malaysianshares.blogspot.com/2011/06/ipos-recently-debut-what-has-went-wrong.html
The XOX Berhad was being offer at discounted price?
Jackie: Thanks for sharing. Good posting and it's certainly interesting to learn about the discount.
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