This is exactly why I am frustrated by E&Y's valuation. Obviously the market is saying that this stock is worth more than $0.25. The transaction should have been done at a higher price.
However, when this consolidates it will be nice to see this price over $1. If this keeps going, the price after consolidation will be well over $1. Investors pay allot more attention to a stock that is over $1 than one that is at .25.
Obviously Apollo is incentivized to raise assets and I am sure they are going to put effort into doing so. I just hope it doesn't take a year to do so. Which could be the case with institutional investors as they can move slowly through the due diligence process.
If LHP has a positive first quarter and decent net inflows, this stock could move fast.
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$1.77 |
Change
0.010(0.57%) |
Mkt cap ! $864.9M |
Open | High | Low | Value | Volume |
$1.75 | $1.78 | $1.75 | $82.03K | 46.46K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 957 | $1.75 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.77 | 51 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 6000 | 1.700 |
1 | 30389 | 1.645 |
1 | 1000 | 1.620 |
2 | 7772 | 1.600 |
1 | 101 | 1.590 |
Price($) | Vol. | No. |
---|---|---|
1.775 | 50045 | 2 |
1.780 | 9000 | 1 |
1.785 | 2992 | 1 |
1.790 | 3689 | 1 |
1.810 | 9639 | 1 |
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