Towards Financial Freedom
Positive listing debut for KrisEnergy
Positive listing debut for KrisEnergy. Oil and gas exploration minor KrisEnergy beat a weak market to post a gain on its listing debut, rising as high as SGD1.26 before closing up 5% at SGD1.155. KrisEnergy shares quickly rose to SGD1.25 to give a decent open versus its IPO price of SGD1.10 per share. The stock quickly retreated, hitting a low of SGD1.145 after a high of SGD1.26. It closed at SGD1.155, a 5% premium to the IPO price while the Straits Times Index slipped 0.15% to close at 3,213.26. The trading volume was 56.2m, about one third of the 152m shares sold during the IPO to non-cornerstone investors.(Business Times)
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
