RAC 2.92% $1.94 race oncology ltd

Ann: Race raises $29.7 million in oversubscribed SPP, page-225

  1. 1,239 Posts.
    lightbulb Created with Sketch. 2461
    Or how about an on market trade? We’ve seen it a few times where multi orders, 70-100,000 worth of shares are wiped out at precisely the same time. I believe this is Shaws watching and chomping when it suits.

    Ive spoken with Shaws and they of course want people to use them as a brokerage to buy, and match you up with a seller (BG) essentially clipping the ticket twice.

    if enough people load up at the same price - Say 1-3% discount to the bid/offer. (3m shares at $3.15 for example)

    I think they will bite. They take approx 0.8% in fee’s for decent amounts, If BG has given direction to sell x amounts above $3, they will jump at the chance to do it in 1 hit.








 
watchlist Created with Sketch. Add RAC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.