LRS 2.44% 20.0¢ latin resources limited

Ann: Solis Minerals Ltd - Project Update, page-34

  1. 9,725 Posts.
    lightbulb Created with Sketch. 5165
    I have no experience when it comes to IPOs but can someone explain why anyone who bought into the IPO (20 cents a share) had sell orders out at 18.5 and 19 cents this morning.

    What's the point of buying into an IPO if you are just going to sell below IPO price at the open of trade on the first day?
 
watchlist Created with Sketch. Add LRS (ASX) to my watchlist
(20min delay)
Last
20.0¢
Change
-0.005(2.44%)
Mkt cap ! $559.8M
Open High Low Value Volume
20.5¢ 20.5¢ 19.8¢ $22.94M 114.8M

Buyers (Bids)

No. Vol. Price($)
35 13941804 19.5¢
 

Sellers (Offers)

Price($) Vol. No.
20.0¢ 138281 1
View Market Depth
Last trade - 16.10pm 30/08/2024 (20 minute delay) ?
LRS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.