FinanceDealStreetAsiaabout 2 hours ago
GoTo Shares Plunge 14% as IDX Price Floor Drops
3 min read
GoTo shares fell 14% to Rp 43 on Monday, hitting the Indonesia Stock Exchange's lower auto-rejection limit after the bourse lowered its minimum price from Rp 50 to Rp 1. Over 1.04 billion shares queued for sale at that price. GoTo called the move technical, not a reflection of business fundamentals.
Level
Hype check
Tap to vote and see what everyone thinks.