📈 KASAPREKO LISTING: WHY THE PRICE COULDN'T MOVE PAST 10% Kasapreko's IPO recorded over 11 million shares in demand on listing day at the Ghana Stock Exchange. 🇬🇭 But here's the catch — the share price still couldn't move beyond a 10% daily limit. Here's why 👇 1️⃣ The Listing Price Kasapreko listed at GHc1.20 per share. 2️⃣ The GSE Rule Under GSE Trading Rule 30(1), no security's price can move more than ±10% of the previous day's closing price — in a single trading day. 3️⃣ What This Means With GHc1.20 as the reference price, day-one gains were capped near GHc1.32 — regardless of how strong demand was. 4️⃣ The Bigger Picture Over 11 million shares in demand, and the price still hit a ceiling. Strong appetite, but price discovery moves in stages — not all at once. Question 👇 Does the 10% daily cap protect investors from wild swings, or does it slow down fair price discovery when demand is this strong?