The questionable logic of QAN in pitching the new issue price at $4.20 is currently costing the small investor heaps.
Assuming the small investor holds 8,200 QAN he will be offered another 1,000 at $4.20. Based on the previous QAN close, if one takes up the offer then the average price for the 9,200 will be $4.64.
That compares to the current price of $4.44.
Ah well, at least the insto's will be able to book a healthy trading profit by arbitraging their allocations.
- Forums
- ASX - By Stock
- QAN
- Small investor being crucified.
Small investor being crucified.
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add QAN (ASX) to my watchlist
(20min delay)
|
|||||
Last
$6.17 |
Change
-0.005(0.08%) |
Mkt cap ! $10.07B |
Open | High | Low | Value | Volume |
$6.16 | $6.22 | $6.15 | $16.27M | 2.634M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
61 | 69765 | $6.16 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.17 | 32721 | 26 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
63 | 76245 | 6.160 |
23 | 57622 | 6.150 |
17 | 78936 | 6.140 |
10 | 52563 | 6.130 |
10 | 38809 | 6.120 |
Price($) | Vol. | No. |
---|---|---|
6.170 | 23617 | 27 |
6.180 | 127336 | 21 |
6.190 | 86011 | 18 |
6.200 | 60669 | 21 |
6.210 | 32220 | 11 |
Last trade - 15.47pm 05/06/2024 (20 minute delay) ? |
|
|||||
Last
$6.16 |
  |
Change
-0.005 ( 0.13 %) |
|||
Open | High | Low | Volume | ||
$6.17 | $6.22 | $6.15 | 996151 | ||
Last updated 15.59pm 05/06/2024 ? |
Featured News
QAN (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non-Executive Director
Simon Kidston
Non-Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online