When Grand Venture Technology (GVT) launched its IPO back in January 2019, it got a cool reception from investors. Total subscription demand was a mere 1.3 times the total number of shares offered.
Despite a lacklustre IPO in 2019, Grand Venture Technology has turned out to be one of the better performing manufacturing stocks in the past year. Will the company’s recent acquisition spree help keep this uptrend intact?
