Well it depends what they know, whether they are smart or not. $11mill doesn't grow on trees. You have to show something that is meaningful to get that sort of interest, well oversubscribed. Personally I don't think long-term sophisticated investors think about how they could have got the stock cheaper by competing with the traders. Traders will control the stock in the short-term but long-term the fundamentals take over. No, your sophisticated investor is unlikely to be less smart than your average Hotcpper punter.
when are the heavily oversubscribed, page-28
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Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $27.04M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 1.0¢ | $60.11K | 6.011M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 6166617 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 3644602 | 8 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| AEV (ASX) Chart |