That is what broker's do. They say they 'believe' in the story but in reality many of them are in it for a flip. At 3cents and say they get 3.6cents in a week, that is a solid 20%.
Brokers only make money when there is activity on their clients account. I know they love capital raising as they make 6% raising fee. Then to sell the stock they make 1%.
I am very impressed that the stock has held 3.6cents (20% above the raising price) and not dropped to 3.3cents (10% premium to raising price) and in some cases dropped to the raising price.
Technical wise MBK looks good to continue its run after Taylors and their associates get out.
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That is what broker's do. They say they 'believe' in the story...
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Last
2.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.761M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 176 | 2.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.6¢ | 37439 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 176 | 0.025 |
1 | 495360 | 0.024 |
2 | 226096 | 0.023 |
1 | 18313 | 0.020 |
1 | 50000 | 0.018 |
Price($) | Vol. | No. |
---|---|---|
0.026 | 37439 | 2 |
0.027 | 495322 | 2 |
0.028 | 225000 | 1 |
0.030 | 38417 | 2 |
0.033 | 1313 | 1 |
Last trade - 16.12pm 03/07/2024 (20 minute delay) ? |
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MBK (ASX) Chart |
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