The FPO is in a dire state and I have exited my major holdings.
There will be an enormous supply in this illiquid counter and the price should fall to FPO levels.
I will re-enter at that stage.
I never do sell now buy later type strategy but the QIB fiasco in AVP Infracon IPO and similar subscription here is indicating a 10% fall for sure and if not managed by LM, may go further down.
Disc: Invested
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