It has to do with escrowing stock that has been issued below IPO or at least getting commitment that they will not sell down. Next time i see RM against an IPO, I will now think twice about investing in a company as part of IPO and just wait till post listing (like GMV, GNX and a few others)
IPO - Elsight Limited, page-71
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Last
42.0¢ |
Change
0.018(4.35%) |
Mkt cap ! $66.59M | |||
| Open | High | Low | Value | Volume |
| 38.5¢ | 42.0¢ | 38.5¢ | $9.685K | 23.55K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 57097 | 38.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.0¢ | 25594 | 1 |
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