Australia's largest stock trading and investment forum Australia's #1 stock forum

PLX

Click for more information

0.75%

$1.33 plexure group limited

Anything I don't get in the SPP I'm looking to use to purchase...

First 265 Last

Share
Profile

Follow
Num1fifa

237 Posts.

13

18/11/20

20:03

Post #: 48970525
Share

Originally posted by Baa_Baa: ↑

It might, but I think it's more likely that people who buy, even instos and sophs at 24% discount to market, will generate a lot of profit takers after the cap raise selling into any price strength. it could cap the SP until short term profit motives are exhausted. That said it provides liquidity for buyers and a decent announcement would accelerate the profit takers. hopefully PLX have some good news to spruik the IPO before and again shortly after, to set the market on fire.

Expand

Anything I don't get in the SPP I'm looking to use to purchase shares with so hope they can get down to around 1.30 at one point after tbh haha.

When it comes to the new customer fingers crossed there are others competing for the project.

Price at posting: $1.43 Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

There are more pages in this discussion • 8 more messages in this thread...

First 265 Last

Add PLX (NZSX) to my watchlist