Institutional investors show their support for a project by providing cash in exchange for discounted shares. One of Australia's biggest super funds, richest men and I believe one of the projects off take partners have all chipped in. Yes buying shares on the market is a sign of confidence but great support is providing liquidity when the company needs it.
Kerry Stokes didn't create $7b in personal fortune investing in duds. Channel 7 is a dying asset and medium and this is seen as the next generations legacy.
Institutional investors show their support for a project by...
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Last
23.5¢ |
Change
0.005(2.17%) |
Mkt cap ! $677.8M | |||
| Open | High | Low | Value | Volume |
| 23.5¢ | 23.5¢ | 23.0¢ | $22.19K | 95.02K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 32049 | 23.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.5¢ | 367295 | 6 |
View Market Depth
| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
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Last
23.0¢ |
Change
0.005 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 23.3¢ | 23.5¢ | 23.0¢ | 81474 | ||
| Last updated 15.39pm 07/06/2024 ? | |||||
| BCI (ASX) Chart |