|Share Price||Latest Q profit|
|IPO Price||30Nov Price||Change %||RM ' 000|
Thursday, 1 December 2011
ACE IPOs 2011: Wrong Timing?
This year as we know there are quite a lot of bad IPOs in the ACE market. Some of them even make loss after listing, especially XOX. From a total of 11 of them, only 2 register a current share price higher than their IPO price, which are Asia Media and Boilermech. Is it too easy to get listed in the ACE market?