SPX 14.3% 0.8¢ spenda limited

Fast forward to when we resume trading there are many scenarios...

  1. 54 Posts.
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    Fast forward to when we resume trading there are many scenarios that could play out but if we consider two.....

    On the positive outlook, the cause/s of the suspension are satisfactorily explained and we resume trading by mid next week..ish ....the register rapidly refills on both sides on the back of a ball tearer announcement or two.... to counter the dilution and the effects of the suspension and we quickly move on......this is not factoring in any external market conditions

    Then as the outcome is positive you quickly conclude that recent events are just all a chance synchronisation a blip, shit happens, and the timing of these events was just unfortunate and not related by any deeper cause and effect...and you move on.

    And the alternate scenario is "Not the above" and the market decides to alter its risk profile, if only temporality. The recent sudden and unexpected "shock" to SP inertia and momentum and the "DENT" in investor confidence is played out for a bit. So if your a short term trader it is more tense now! If you have a longer horizon you may see a potential opportunity to increase your holdings! ......a couple of ways on a couple of screens .......Or do nothing!

    Either way this is "anticipating" an outcome next week and not for a longer suspension. And assumes that the underlying "potential of CRO is intact and developing rapidly.

    Considering the shortfall options (about a third of the total) are to be distributed to a smaller number of larger holders.

    It makes me wonder:

    - Do some now have larger allocations than originally planned for compared to their holdings on the heads????
    - Are they very happy with the new ratio???
    - Does it not also increase the contestability for them and also add to their value as a hedge, particularly if they appear discounted to expectations at the commencement of trading?????.

    Also be fun to see:
    - Who will be the top 20 in 3 months?

    I'm sure someone out there will find a way to turn this from X squared to X cubed! Everyone have a great weekend.






 
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Last trade - 16.10pm 05/07/2024 (20 minute delay) ?
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