Hi Mike,
Regarding why institutional investors aren't all over this - I may have received a answer of sorts this week.
I was talking to a financial adviser 2 days ago that had come to discuss the works super plan with employees.
so apart from doing a risk analysis quiz (and finding out I'm at the highest end of accepting risk in my investments - no sh!t Sherlock) he asked what stocks I'm into. I said oil. He said to stay away from Santos as they have too much debt but Woodside is ok. "Funny that" was my response as Woodside it trying to buy into some leases for an ASX300 stock called Far and we were hoping Far could get into the ASX200 in the future sometime.
His response - "if they can get into the ASX200 you'll see a huge amount of funds investing and it should help drive the price up".
Hope our little company grows and gets into the ASX 200.
Malcy's email on legal glitch, page-43
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Last
48.5¢ |
Change
0.005(1.04%) |
Mkt cap ! $44.81M | |||
| Open | High | Low | Value | Volume |
| 48.5¢ | 48.5¢ | 48.5¢ | $10.11K | 20.85K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 99195 | 48.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.5¢ | 2000 | 1 |
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