The main advantage would be to have a larger proportion of shares in safe hands. Assuming this is not a Hartleys or Patto’s raise, the SIs would be considered to hold longer term. When there is a high percentage of retail holders (us) in a stock it is more prone to panic selling at any hint of a drop in SP. This is not a hard and fast rule but a general market assumption.
Industry experts like Sprott or Creasy are even more highly sought as cornerstone investors.
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1.56%
!
32.5¢

Ann: Trading Halt, page-149
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Last
32.5¢ |
Change
0.005(1.56%) |
Mkt cap ! $74.22M |
Open | High | Low | Value | Volume |
34.0¢ | 35.5¢ | 32.0¢ | $262.1K | 794.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 28435 | 32.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
32.5¢ | 3161 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 28939 | 0.320 |
6 | 52935 | 0.315 |
3 | 68175 | 0.310 |
3 | 13664 | 0.305 |
2 | 10300 | 0.300 |
Price($) | Vol. | No. |
---|---|---|
0.325 | 10800 | 2 |
0.330 | 12866 | 3 |
0.340 | 15252 | 1 |
0.345 | 30000 | 1 |
0.350 | 2500 | 1 |
Last trade - 13.02pm 16/09/2025 (20 minute delay) ? |
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CNB (ASX) Chart |