ESG 0.00% 86.5¢ eastern star gas limited

wat yo tinkin dis pric be lookin likes, page-9

  1. 16,279 Posts.
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    billblogs and vendor

    Yes after placements often there is a run .. as I said the other day these sophisticated types expect a very good return. They will get it I reckon if not too many are greedy for a short-term profit.

    My calculations posted early were that the new issue results in a new value per share of 69 cents (I calculated 69.9 actually .. but was being cautious LOL)if we assume 72 was the "real" price on Monday, 63 if we assume 65 and 59 if we assume 60. There's every chance that without the apparent capping of the last week the share price would have been higher .. so yes a run is possible. But I'll believe that when i see it given the market we are in!!

    H
 
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