Trying to understand Demand/Supply for shares in general for SME stocks, as this is my first SME investment.
A quick search point it out that:
Shares purchased by anchor investors in the reserved anchor category are subject to a lock-up period of 30 days for 50% of the shares and 90 days for the remaining 50% of the shares from the grant date.
Means supply may come after 1 month of listing and 3 month of listing, if anchor investor wishes to exit immediately.
I observed many analyst meets by company in last month. This may be to give safe exit to anchor investors or company believes even though it is 3X listed price, looking at ratios and growth guidance of 60 to 70% new investor can come.
Please help to under stand supply/demand equation in SME stocks.
Disclosure: Disclosure: 9% of Portfolio, highly biased.
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