Wednesday, July 28, 2010

Objective and Subjective

Today local economic news told us, one of new IPO abandon on listed in board. That can be happen because our quota brings such effect. Every new listing require allocate some new shares to specific one, so they need to manipulate certain assets to meet the requirement. Quality become secondary quantity is more important.

IPO give a chance to business man put some useless assets liquidated by way of issue shares. So, funder take this opportunity to convert it as money although that can not be used or not necessary in the future. All valuation come by valuer and in this situation allow founder escape carry any responsible. No one take any action because of subjectively view or objectively opinion.

New shareholders objectively based on report but someone subjectively manipulate. Who is correct who is wrong? That hard to give correct answer because demanding on certain things cover all uncertainty.

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