50 other IPOs are lined up with the tongue sticking out to gobble investors.
Retail investors are in deep deep trouble with credit clearing and becoming penniless by the day.
Institutional investors are on the sidelines and will show up only for some strategic selling or buy over.
With all the hype created over CSE, sad fact remains that foreign investors are net sellers.
Are we living with an utopian dream stock exchange, the follies of which are being exposed slowly....???
Isn't it only a dream that all these IPOs will be oversubscribed? UB IPO will give a lesson to many investors when they find hard to meet their bank guarantee charges even.
For most part retail investors were the driving force and the current trend will make many new to get shocked and shunned away....
Points to ponder....Counter views are welcome!!!