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Medibank Indicative price _IG markets Gray Market Chart, page-60

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Katavi

741 Posts.

3

15/11/14

17:18

Post #: 14295998
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Originally posted by E82M ↑

Thank you for this post. The survey results are interesting, even if it only fuels the media hype and investors' hunger.

How much weight can be attributed to a survey of (with all due respect) retail investors? (In fact, it seems more plausible that share price will be driven by institutions, rather than mum and dad investors who bear the frictional costs of minor holdings.)

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Hi E82M,
I agree with you totally in theory.
However, with the Royal Mail float in the UK it was the Ladbrokes betting market that picked the price on the day and not the sophisticated IG Market spread betting !
Hence paying a reasonable amount of attention to the retail punters and their bets .
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