$SALIRAN (0346.MY)$ That day a funny post came out, saying t...

$SALIRAN (0346.MY)$ That day a funny post came out, saying that with an oversubscription of 75%, the market is expected to open at 0.50. The fool is telling you that the current IPO lottery is all fake, it's all manipulated behind closed doors. All those new shares are drawn by the boss's own relatives 👑, leaving 5% for you outsiders to draw, and then announcing an "oversubscription" of 75% to make you feel good. Then they entice you retail investors to buy their IPO shares when the market opens, making you lose money in the IPO while they would rather use that fundraising money to invest in their own business! So nowadays, IPOs are just worthless! You can take your time to draw.