Help out small stock market investors

Mahmud Ali, Dhaka

Photo: Amirul Rajiv

Since the start of stock market disaster, more than a year ago finance minister, BB governor, SEC chief and other experts of stock market regularly gave advice to investors so as to judge the fundamentals of the Public Limited Companies (PCL) before investing their money. Security and Exchange Commission (SEC) and Bangladesh Bank (BB) are the authorities to allow raising of capital by PLC through Initial Public Offering (IPO). Naturally they are the experts who analyse through various options and sensitivity analysis before giving permission. Thus small investors like me do not bother to verify fundamentals as often uttered. What is more, I am not capable of doing so and I invest blindly in Primary shares and debentures. Unfortunately, many of these PLCs after raising capital are no longer in existence. I asked the authority concerned to do something praiseworthy in the favour of small investors like me.