I've got no sympathy for anyone struggling to get an allocation in good IPOs that has a proven record of being a dumper on day 1 or even week 1 of an IPO . The best IPOs are normally allocated to solid long term investors, not people looking to just flick out stock and move on the next trade.
If you're a new client you can't expect to get decent allocations given some other existing clients have had relationships with certain broking firms for years and often decades. I myself have taken positions in IPOs I know will be shyte but because the broker has struggled to fill it I elect to support it. Good karma comes back in multiples.
I've got no sympathy for anyone struggling to get an allocation...
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.427M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $5.804K | 1.451M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 38 | 14040591 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 805251 | 1 |
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| Last trade - 14.57pm 26/07/2024 (20 minute delay) ? |
| AL8 (ASX) Chart |