Do Not Crush the Aspirations and Interests of the Young and Small Investors.
Posted on March 5th, 2011

Sasanka De Silva, Pannipitiya

Not so long ago, my daughter reached the voting age and so was the bank balance in her minor account, the six figure mark.

When Union Bank of Si Lanka announced its share offer (IPO) recently, she wanted to invest some of her savings in shares.

She did apply and now waiting to hear about the outcome of her first attempt in investment.

The latest I read about this IPO was that it was oversubscribed by more than 300%.

This is a healthier sign.

Yet, I am clueless as to what type of modality would be used in determining the final spread of the spoil in a scenario like this but hopeful that small and young investors like my daughter would not be crushed by the big investors.

The regulatory authority (hopefully the Colombo Stock Exchange), I am sure has the power to oversee, advocate and impose the most reasonable proration method to ensure that small and especially young investorsƒÆ’-¡ƒ”š‚  (like daughterƒÆ’‚¢ƒ¢-¡‚¬ƒ¢-¾‚¢s)ƒÆ’-¡ƒ”š‚  interests and investments are duly protected.

If such powers and or modalities are presently not available, then it is time the regulator authorities to draw up plans to deal with such scenarios in future.

Please do not crush the aspirations and interests of young and small investors, who would be the cornerstone of our future development.

We are now eagerly waiting to see what would in the white envelope.

Sasanka De Silva,

3 Responses to “Do Not Crush the Aspirations and Interests of the Young and Small Investors.”

  1. TERRENCE DE SILVA Says:

    DEAR SASANKA DE SILVA, ITS BETTER THAT YOUR DAUGHTER IN HER EARLY YEARS LEARN THAT IT IS THE LAW OF THE JUNGLE OUT THERE, WHERE DOG EATS DOG EVEN IN A BULLISH MARKET.

  2. KingSasanka Says:

    Thanks Terrence. Earlier she understands the rule of the game, then she would be able to make a killing as well one day soon.

  3. Fran Diaz Says:

    Americans are already teaching their kids the Rules (?) of the Money Games.
    However, at present, Isn’t the Money making System itself flawed, with the GDP & rampant Profits which discounts the Human being ? How do governments prevent monetary fraud, cheating, deceit ? What can we learn from the Monetary mistakes of other countries ?

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