Fiji Kava drops almost 40% at open.

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In news that may not surprise many of you, Fiji Kava (FIJ) has posting very disappointing results as it joined the ASX At 11am this morning.

Currently sitting around 12.5 cents, down from 20 cents, investors saw almost 40% wiped off the share price as everyone looked to offload, making this 2018s worst performing IPO.

We opted to avoid this one and signs are not great for a big bounce back, but if you bought in and are opting to sit tight for now, we’d love to hear what you think.