Two ways to play a new listing over about a week. Buy after listing: shares that listed in the last two weeks and are still climbing. Apply before listing: open IPOs with a strong grey-market premium, sell on listing day. Both calls are simple rules on public data, shown below each table. Not a prediction, not advice.
Post-listing call. Momentum = price above listing-day close and within 3% of its high since listing. Holding = above listing-day close but off the high. Fading = below listing-day close. Avoid = below issue price. Only shares listed in the last 12 days are called. SME shares trade in lots and can be hard to sell — check liquidity first.
Buy after listing — strongest momentum
Listed in the last 3 weeks
Pre-listing call. Apply = GMP at least 15% of issue price and subscription at or above 1× (or bids not yet open). Watch = GMP 5–15%. Skip = GMP under 5%, none quoted, or under-subscribed on closing day. Oversubscribed issues allot retail shares by lottery, so applying does not guarantee shares.
Apply before listing — strongest GMP
Closed, listing in the next few days