wow that's really disappointing. El8 get added to etf and the etf basically gets 10 m shares for free at current market price. not hard to see how retailers always get left behind!
if it's broker A (not affiliated), are they going to look for reentry points since they've given up their position? don't know why they'd want to buy back in at a higher price. maybe the share price falls from here as they accumulate / manipulate.
I also wonder what happens when the etf want to sell el8. will share price decrease at a rate higher than what it increased (which wouldn't be hard to do!)?
wow that's really disappointing. El8 get added to etf and...
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Last
44.5¢ |
Change
-0.015(3.26%) |
Mkt cap ! $137.2M | |||
| Open | High | Low | Value | Volume |
| 44.5¢ | 46.5¢ | 44.5¢ | $341.3K | 761.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 49999 | 44.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 46.5¢ | 46943 | 3 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| EL8 (ASX) Chart |