Chinese New Year Special Offer! What a devastating meltdown. From a high of $6.30 in July 2021, Nanofilm share price (SGX: MZH) plunged more than 50% to reach the current low of $3.05. The capitulation of Nanofilm share price caught the attention of the investment community. Should Nanofilm investors run for their lives? A Lifetime Member has written in to seek my views on this counter. Henceforth, I will share my insights on the two potential factors that could have knocked the wind out of Nanofilm share price. At the rate of correction, Nanofilm share price may reach the IPO price of $2.59. This is especially so if the upcoming full-year failed to meet investors’ expectations. When Nanofilm got listed on 30 October 2020, there was much hype among Singapore investment community due to

NanoFilm Technology International (IPO) NanoFilm Technology International Limited IPO Highlights NanoFilm Technologies International IPO - Offer DetailsTotal number of Offering Shares: 77,236,200 (subject to the Over-allotment Option) 73,374,300 Shares under the International Offering; and3,861,900 Shares under Singapore Public Offer.Offer Price: S$2.59 per Share.Issue Managers: Credit Suisse (Singapore) Limited & Oversea-Chinese Banking Corporation Limited.IPO Proceeds: ~ S$452.5 millionImportant dates: Opening of the Singapore Public Offer: 23 October 2020 at 6.00 p.m.Closing of the Singapore Public Offer: 28 October 2020 at 12.00 noon.Commence trading on a "ready" basis: 30 October 2020 at 9.00 a.m.Offer documents: NanoFilm Technologies International IPO Prospectus.NanoF