regards the hedge funds holdings - they bought those shares of people who were happy to sell over the $5-00 range to take aprofit. Most of those I would imagine would still have their cash available, after all its hardly a bargain filled market.
If you were happy to hold in the run through and over $4-00 before the bid was announced, I'd say most of those ex shareholders would be happy to get back in somewhere in that mid $4-00 range, and bank the profit - below $4-00 would be such a massive bargain, that institutions will come out of the woodwork to soak some up at those levels - gotta be a fighting chance of a Billion dollar day today - gunna be interesting to watch....
news flash deal blocked, page-24
Add QAN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$6.00 |
Change
0.060(1.01%) |
Mkt cap ! $9.776B | |||
| Open | High | Low | Value | Volume |
| $6.02 | $6.04 | $5.95 | $19.42M | 3.240M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 14083 | $5.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.00 | 19975 | 1 |
View Market Depth
| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| QAN (ASX) Chart |