The questionable logic of QAN in pitching the new issue price at $4.20 is currently costing the small investor heaps.
Assuming the small investor holds 8,200 QAN he will be offered another 1,000 at $4.20. Based on the previous QAN close, if one takes up the offer then the average price for the 9,200 will be $4.64.
That compares to the current price of $4.44.
Ah well, at least the insto's will be able to book a healthy trading profit by arbitraging their allocations.
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Last
$5.91 |
Change
-0.160(2.64%) |
Mkt cap ! $9.630B |
Open | High | Low | Value | Volume |
$5.98 | $6.01 | $5.86 | $56.99M | 9.629M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 38447 | $5.91 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.92 | 5250 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 366 | 6.500 |
3 | 9477 | 6.120 |
3 | 22059 | 6.100 |
1 | 166 | 6.000 |
2 | 172 | 5.950 |
Price($) | Vol. | No. |
---|---|---|
5.620 | 19839 | 1 |
5.720 | 48 | 1 |
5.780 | 87 | 1 |
5.800 | 791 | 1 |
5.850 | 300 | 1 |
Last trade - 16.10pm 29/05/2024 (20 minute delay) ? |
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Last
$5.90 |
  |
Change
-0.160 ( 2.93 %) |
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Open | High | Low | Volume | ||
$6.03 | $6.03 | $5.86 | 1877436 | ||
Last updated 15.59pm 29/05/2024 ? |
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