"Instos use raises to acquire initial positions, from which continue to accumulate on top of thanks to their large cash reserves" – That's a wild, sweeping generalisation that completely ignores some important factors:
- All the institutional "arbitrage" traders out there who will flip these stocks for a few cents on raisings.
- All the institutional brokers out there accumulating in order to loan their shares to short traders.
- The fact that most retailers can't flip for a short profit on a few shares precisely because they don't have the amount of capital required to make that work.
- Retail holders are much more likely to fall in love with a stock and be loyal to the company regardless of how the company treats them.
"Instos use raises to acquire initial positions, from which...
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Last
$1.13 |
Change
0.045(4.17%) |
Mkt cap ! $814.6M | |||
| Open | High | Low | Value | Volume |
| $1.08 | $1.13 | $1.07 | $10.82M | 9.863M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 25000 | $1.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.13 | 44406 | 8 |
View Market Depth
| Last trade - 16.10pm 31/05/2024 (20 minute delay) ? |
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Last
$1.11 |
Change
0.045 ( 3.45 %) |
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| Open | High | Low | Volume | ||
| $1.10 | $1.12 | $1.07 | 2667095 | ||
| Last updated 15.59pm 31/05/2024 ? | |||||
| DRO (ASX) Chart |