Ann: Response to ASX Price Query, page-98

First 98 Last

Share
Profile

Follow
bosco222

1,139 Posts.

773

23/07/19

17:54

Post #: 39655176
Share

Originally posted by exberliner1: ↑

I would disagree, I sincerely doubt any instos or funds are buying IHL atm. Instos need to see daily market turnover and mkt cap above a decent threshold before it even makes their analyst watchlists.

I work in the banking sector and a minimum requirement of $500k per day in turnover and a mkt cap of $100mn are absolute minimums across most markets among my insto clients.

This is actually good news for holders though as when instos do arrive on the register they will be doing so at a much higher valuation than today's which will help with share price support when we are in double figures with the SP.

I would argue that current market action is from the retail end of town although many of them do seem to have either very deep pockets or indeed a well stuffed self managed super fund.

I am on holiday atm and am writing this message from the Black Sea coast near Odessa, it certainly makes my holiday more enjoyable to see people queuing up to buy the OBs at 3.4c which is almost 7 times what I paid especially as things have only just started moving for IHL.

EB

Expand

Yet pershings and cmc have had 834 trades during a 10 day period....i would politely disagree and ask do you realise who uses pershings .
Or that CMC and pershings operate on ...selling small amounts and buying larger amounts and flipping pips both with nett buying and selling...day in and day out like clockwork...and i would argue that CMC and Pershings are both institutions.

IHL Price at posting: 6.4¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

GDM

Banshee's historic trenches prove rich in antimony and gold for GDM

CLE

Cyclone signs MOU with Vale for development of Iron Bear play

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

BNL

Blue Star Helium sees approval for five more wells at 'Galactica/Pegasus' project in Colorado

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

CUF

CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch

IRX

InhaleRX gains approval for clinical trial to test non-opioid therapy for cancer pain

HotCopper Highlights: Your most watched stocks for Week 46, 2024

Week 46 Wrap: Copper hits 2mth low as Trump threatens net zero pace; US rally fades; HotCopper’s picks

EEG

NT Gov't delivers environmental approval for Empire Energy's Beetaloo Carpentaria pilot gas play

First 98 Last

Add IHL (ASX) to my watchlist

Ann: Response to ASX Price Query, page-98

Top Stories

Banshee's historic trenches prove rich in antimony and gold for GDM

Cyclone signs MOU with Vale for development of Iron Bear play

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

Blue Star Helium sees approval for five more wells at 'Galactica/Pegasus' project in Colorado

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch

InhaleRX gains approval for clinical trial to test non-opioid therapy for cancer pain

HotCopper Highlights: Your most watched stocks for Week 46, 2024

Week 46 Wrap: Copper hits 2mth low as Trump threatens net zero pace; US rally fades; HotCopper’s picks

NT Gov't delivers environmental approval for Empire Energy's Beetaloo Carpentaria pilot gas play

Featured News