I don't expect the share price will jump 30% or more in day 1 becoz China Social Security is holding 10%. In the last experience of 3983, the raise in day 1 was "disappointing", which I remembered should be around 20% gain. The selling pressure was really huge in day 1.
Social Security has limit to hold oversea profolio, so it has no way but need to sell anything on hand if the oversea asset value exceeds the percentage. I don't think this new IPO has better quality than the previous ones.
But it will be a good chance if u want to buy more in day 1.
It seems to me this metal will not be used by themselves. And insteads people will add the metal in the production of steel (like adding graphite) to make the alloy harder. So, the amt needed may not be as big as steel.
引用:
原帖由 peninsula 於 2007-3-28 10:38 發表
So chance to buy if not enough IPO allocation??
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本帖最後由 b4321 於 2007-3-28 11:14 編輯 ]