Well, just like the question applies to their private clients (as it applies to any and all other investors), why - when Kentgrove could have bought MSB stock at any time, and at materially lower prices than the current price, to boot - would they suddenly be willing to do so now in a placement situation with zero marginal financial inducement?
Especially when the norm is for such placements to be done at sufficient discounts to market.
No self-respecting portfolio manager would dream of doing such a thing. Their brief is to create value for their unit holders, not to make life easier for listed companies that happen to be looking for capital.
- Forums
- ASX - By Stock
- MSB
- Morningstar $2.10 valuation
Morningstar $2.10 valuation, page-54
-
- There are more pages in this discussion • 29 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 MSB (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.13 |
Change
0.035(3.21%) |
Mkt cap ! $1.284B |
Open | High | Low | Value | Volume |
$1.09 | $1.13 | $1.07 | $3.910M | 3.535M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 27197 | $1.11 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.13 | 43578 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 31763 | 1.100 |
2 | 33264 | 1.090 |
2 | 18897 | 1.085 |
2 | 18926 | 1.080 |
1 | 18000 | 1.075 |
Price($) | Vol. | No. |
---|---|---|
1.130 | 23400 | 3 |
1.135 | 1090 | 1 |
1.140 | 65000 | 4 |
1.145 | 64500 | 3 |
1.150 | 92314 | 9 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
Featured News
MSB (ASX) Chart |