GoTo Gojek Tokopedia is trading at IDR 32.00, down 13.51%, after the exchange’s September 28 reduction of the minimum share price from IDR 50 to IDR 1 allowed shares previously pinned at IDR 50 to fall further.

  • It hit the lower trading limit for a third consecutive session on September 30 amid exceptionally one-sided selling.
  • An analyst cited a large sell queue and scant buying demand; no new company announcement was found on October 1.