Why are ppl selling at IPO prices
Why do people even apply for IPO when you want to sell at IPO prices?
Hope those sellers can enlighten me or those with knowledge about this can teach me.
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Shadow21 : why sell at loss?
104169103 : You realise the other shareholder's did not apply for IPO. The company founders cost per share could be close to zero. Pre-ipo investors have a lower cost than ipo.
103359300 : Because the price will drop even more
hktjin : Exactly, why is that?