SEC has to take immediate action to limit the number of IPOs / introductions within a time frame. Some of our investors chase behind overprices IPOs and burn their fingers. Surprisingly they never learn.
As a group we have to boycot overvalued IPOs and introductions.
The market is slowly dying day-by-day. SEC is helping it to die faster as they are going to list foreign firms at CSE. It should be the other way round where our companies must be listed abroad so that our investors will be benefited. It is like repeatedly stabbing a dying person to expedite the death.
You could clearly notice that on Friday 75% of the turnover was VONE and investors didn't even bother for the other undervalued shares.
People are having different views and this is my personal opinion. Please note that I'm not against for IPOs and I always avoid overpriced IPOs.