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?
Ann: Solis Minerals Ltd - Project Update, page-34
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Last
18.5¢ |
Change
-0.005(2.63%) |
Mkt cap ! $518.2M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 19.3¢ | 18.5¢ | $2.083M | 10.99M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 3244200 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 855390 | 7 |
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| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| LRS (ASX) Chart |