JAKARTA - PT Adhi Commuter Properti Tbk (ADCP) stock investors must bite their fingers. Instead of wanting to make a profit from the first day of trading, ADCP's shares immediately fell 6.15 percent.
As is known, ADCP shares officially started their initial share trading today (Wednesday, February 23) by releasing 2.22 billion at a price of Rp130.
Closing trading, ADCP shares fell 6.15 percent to the level of Rp122 per share.
Throughout today's trading, ADCP shares actually rose to their highest level of Rp. 174. However, after reaching that level, many investors actually sell.
It was recorded that the transaction value of ADCP shares reached Rp218.46 billion with a frequency of 88,490 times.
As additional information, along with this IPO, Adhi Commuter held a Management and Employee Stock Option Program (MESOP) for a maximum of 2 percent of the total issued and fully paid capital. This program is a form of appreciation for the achievement of employee performance.
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