To be honest I am not really sure but I have that person on ignore so yes they are probably one of many fund managers that are likely to invest.
Not sure if the following link will assist in understanding the basics of how they work.
https://www.investsmart.com.au/managed-funds/top-funds
Either way it is a positive step for the company as the exposure of being listed on the ASX200 is generally beneficial for all concerned IMO.
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Last
21.8¢ |
Change
0.018(8.75%) |
Mkt cap ! $440.5M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 15 | 629842 | 21.5¢ |
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| Price($) | Vol. | No. |
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| 22.0¢ | 3167488 | 73 |
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| BRN (ASX) Chart |