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mean there is a lot of kanger been hold by private investors whom snapped the offer by Kanger. Normally these people are be given a discount on Kanger from the market value. If these investors want to dump the shares on the market kanger share price will go down in these few days.
if the retailers keep acquiring the shares been dump by these investors the kanger won't go down easily. after these tranches of shares already been absorbed by others investors in the market then will Kanger share price will go up slowly
if you check back announcement dated 20/11/2020, pp subscribed already reached 2billion units,though i dunno total units of pp。。 need clarification on this。。
@jayden u can refer back the announcement dated 18 Nov which mentioned that have 2nd tranche pp price @ 0.1596. today announcement pp is price @ 0.1673