Boom or Bust for Bukalapak
The Bukalapak initial public offering (IPO) is the beginning of a list of digital unicorns entering Indonesian Stock Exchange. Retail investors and public fund managers need to be cautious.
Tempo
August 2, 2021
HIGH risk, high gain. Most investors know that general principle. A promise of big profits is always accompanied by big risks. This long-standing principle should be borne in mind by retail investors and those responsible for managing public funds before they applaud the plan by Bukalapak for an initial public offering (IPO) at the beginning of August.
With a share price of Rp750-850, it is estimated that the IPO of
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