facebookA very painful time to be going into the market to SPAC, listing price was USD10, but now it is down to USD6.41 most recently as of 28 March 2022. Are you still touching any SPACs in the market? - Seedly

Anonymous

28 Mar 2022

General Investing

A very painful time to be going into the market to SPAC, listing price was USD10, but now it is down to USD6.41 most recently as of 28 March 2022. Are you still touching any SPACs in the market?

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Rather invest in Grab now as the price seems to come down quite a lot at USD3.52 from the peak of USD16.37

IPO frenzy. reminds me of the 2000 dot com bubble when there are new hyped IPOs too often. not only will i not be touching IPOs, i will be caution to new buys (crazy valuations) and new investors trying to jump in now.

but i will still be DCA my portfolios which i have been holding since many years back.

also agree with YJ, why would a local company want to be listed overseas? 2 sg company listed in australia and share price crashed.

  • will not touch SPAC/IPO
  • They need to have a good track record at least 5 years. Else to me is ju...

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