APX 0.67% $1.51 appen limited

There is always a lot of inertia with retail shareholders. A lot...

  1. 327 Posts.
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    There is always a lot of inertia with retail shareholders. A lot are older and don’t pay any attention to offer letters. Some simply cannot afford the cost of the new shares. Others who have a high average price may see it as throwing good money after bad. Doesn’t surprise me, more money for the underwriters.
 
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