Doosan Robotics (454910 KS) reported excellent IPO book building results. The IPO price has been finalized at 26,000 won (upper end of the IPO price range).
Boomeranged on Wed, 4 Oct 2023 14:35
Doosan Robotics IPO starts trading tomorrow. KOSPI is down 8% since Doosan Robotics IPO price was determined at 26,000 won and there are concerns about a market downturn. Investors should partially take profits on Doosan Robotics once its share price shoots up close to/more than 100% of IPO price. There could be some big selling at around 49,000 won to 72,000 won tomorrow.
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