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As per what I saw it seems APL is being supported a lot by their own other PLC companies with finances etc. If check financial statement can see 2020 onwards rapid turnaround to make company profitable which seems to be done with help of Finance income coloumn since for public listing in Diri savi board need company to be profitable in no of past years.
If analyze other companies of theirs in CSE can see all of them were able to get substantial share price increase after listing and directors of these companies are on so many other boards so has experience running stuff.
But only concern is in how long time would price of share spike? like on same day of IPO or 1month after etc?
Or will price drop below 9rs IPO price?
If analyze other companies of theirs in CSE can see all of them were able to get substantial share price increase after listing and directors of these companies are on so many other boards so has experience running stuff.
But only concern is in how long time would price of share spike? like on same day of IPO or 1month after etc?
Or will price drop below 9rs IPO price?
