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
39.0¢ |
Change
0.010(2.63%) |
Mkt cap ! $118.7M | |||
| Open | High | Low | Value | Volume |
| 37.5¢ | 39.5¢ | 37.0¢ | $99.68K | 260.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 30053 | 38.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 39.5¢ | 72593 | 5 |
View Market Depth
| Last trade - 14.59pm 03/07/2024 (20 minute delay) ? |
| EL8 (ASX) Chart |