There are two reasons I can think of for using a broker in a cr:
1) The broker(s) will assign an analyst to cover the stock. Vital to get AIS's name out there, especially with new money, be it small instos and retail.
2) Not using a broker may be interpreted as "desperate" by the market, thereby pressuring the sp down.
The above isn't always the case, but it is far more common than not using a broker.
$50M may be a too tough sell for the CEO's rolodex to surmount, and may ignite point 2 (above). This could spiral the sp down for a while.
OV
Still stinks!, page-40
-
- There are more pages in this discussion • 22 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AIS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
24.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $237.0M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1278 | 27.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 19585 | 2 |
View Market Depth
| Last trade - 09.46am 30/09/2024 (20 minute delay) ? |
| AIS (ASX) Chart |
Day chart unavailable