I'm no insto buying specialist, but how confident are we that instos "must" enter a trade when coming into ASX100, and how do we know that they do so "blindly" without acknowledging there is currently an offer at ~$3.00? ie can we realistically expect instos to buy up 10's of millions of shares allowing it to run?
I guess my question is do they come in guns blazing buying up their fill, or do they actually perform a risk analysis first and determine what they believe the fair value is, and do they do. staggered accumulation of do they just go mental and buy up their fill in one day?
LTR Price at posting:
$3.03 Sentiment: Hold Disclosure: Held
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