Ipo Palava - Business - Nairaland
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| Ipo Palava by demmyfranc(m): 9:55pm On Jan 30, 2008 |
It is quite obvious that most company coming out for IPO are using investor's money to do business. How can someone invest on IPO stock worth of N80000 for the past 6month, only to return the money with less than N500 interest. I don dey tire for IPO o, I think the secondary market is having an edge as far I'm concern. Abi na wetin person wan do now. |
| Re: Ipo Palava by tflow: 9:25am On Jan 31, 2008 |
you are definately right. most ipo's are getting over subscribe now, which is a very bad buz. for lesser investors, because before the allotment comes out, it takes several months, and luckily there might be interest paid on your refund money. I think the way this ipo issue is going on now its not a good idea for us now. Secondary market will be better for now. good luck |
| Re: Ipo Palava by edwardaigb: 8:22am On Feb 01, 2008 |
There are no 2ways about it. I'm tired of this offers because i have so much monies tied down and I'm moving to another location. in short I'm tired of offers. i just want to try and get my certificates or returns and play ONLY the secondary market. I LL NOT TOUCH ANY OFFER TILL FURTHER NOTICE. |
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