RHT HealthTrust (formerly: Religare Health Trust)

[RBM]

The reality is that the overwhelming majority of IPO's end up as bad bets for those subscribing. And there are several cases where the losses were dreadfull, i.e. several tens of percent. When I looked at this last year, less than 25% of IPO's in Singapore were good investments for those subscribing to new shares. Of course, the IPO's were highly lucrative for individuals who were on the management teams of the companies listed.

Not vested in RHT

I think the reason why people apply for IPOs is because they hope they can sell it for a GAIN.

Not always the case though, especially for IPOs!