Post by zuolun on Sept 18, 2014 14:24:09 GMT 7
"It is not that difficult for companies going for IPO to show better results in the year of the IPO. Much safer to see the results in the following years before investing your hard earned money." — oldman
Croesus RTrust was listed on the SGX on 10 May 2013; it hit high of S$1.075 on its 1st day of listing and collapsed to low of S$0.74 (-0.335, -31.2%) on 18 Sep 2013, below its IPO price @ S$0.93 per unit.
Croesus RTrust IPO price @ S$0.93 per unit — 6 MAY 2013
Croesus RTrust — Official website
Croesus RTrust — Trading in an upward sloping channel
Croesus RTrust had an inverted hammer @ S$0.94 (+0.005, +0.5%) with 1.06m shares done on 18 Sep 2014 at 3.30 pm.
Immediate support @ S$0.925, immediate resistance @ S$0.97.
Chart Pattern: Riding on the impulsive 5-wave up, after a corrective 3-wave down.
Croesus RTrust was listed on the SGX on 10 May 2013; it hit high of S$1.075 on its 1st day of listing and collapsed to low of S$0.74 (-0.335, -31.2%) on 18 Sep 2013, below its IPO price @ S$0.93 per unit.
Croesus RTrust IPO price @ S$0.93 per unit — 6 MAY 2013
Croesus RTrust — Official website
Croesus RTrust — Trading in an upward sloping channel
Croesus RTrust had an inverted hammer @ S$0.94 (+0.005, +0.5%) with 1.06m shares done on 18 Sep 2014 at 3.30 pm.
Immediate support @ S$0.925, immediate resistance @ S$0.97.
Chart Pattern: Riding on the impulsive 5-wave up, after a corrective 3-wave down.