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Mooers' Investing Journal
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#Review 6

$UOB APAC Green REIT ETF (GRN.SG)$
The IPO result is out and trading in SG market. It has a quiet start as I have seen many IPOs rising rapidly on the first day of trading. Are you looking for such excitement? Now, could it withstand the selling pressure today?
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  • Fundamentalist : Selling pressure day 2

  • 102935402_ : This is not Rivian, with a "superb" growth story to sell... This is a REIT ETF. The NAV will determine the ETF pricing... so unless on IPO day, all the properties in this REIT suddenly jump in valuation, there is probably no reason why on IPO day the price should jump, accordingly... moreover there is no need to ballot for this IPO, so no reason why interested investors cannot get any allocation thru' IPO...

a noob who wants to boon
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