Susan Thomas says, in Economic Times, that price limits do not help small IPOs. I think that many old-fashioned folk find price limits reassuring because it is felt that the government is in control of the price.
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Please note: Comments are moderated. Only civilised conversation is permitted on this blog. Criticism is perfectly okay; uncivilised language is not. We delete any comment which is spam, has personal attacks against anyone, or uses foul language. We delete any comment which does not contribute to the intellectual discussion about the blog article in question.
LaTeX mathematics works. This means that if you want to say $10 you have to say \$10.