The questionable logic of QAN in pitching the new issue price at $4.20 is currently costing the small investor heaps.
Assuming the small investor holds 8,200 QAN he will be offered another 1,000 at $4.20. Based on the previous QAN close, if one takes up the offer then the average price for the 9,200 will be $4.64.
That compares to the current price of $4.44.
Ah well, at least the insto's will be able to book a healthy trading profit by arbitraging their allocations.
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Small investor being crucified.
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Last
$6.22 |
Change
0.000(0.00%) |
Mkt cap ! $10.13B |
Open | High | Low | Value | Volume |
$6.23 | $6.25 | $6.20 | $29.35M | 4.715M |
Buyers (Bids)
No. | Vol. | Price($) |
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7 | 40603 | $6.22 |
Sellers (Offers)
Price($) | Vol. | No. |
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$6.23 | 138920 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 21818 | 6.220 |
1 | 10000 | 6.210 |
9 | 117643 | 6.200 |
2 | 51865 | 6.190 |
3 | 32333 | 6.180 |
Price($) | Vol. | No. |
---|---|---|
6.230 | 110000 | 1 |
6.240 | 1000 | 1 |
6.250 | 489920 | 23 |
6.260 | 42942 | 6 |
6.270 | 38177 | 6 |
Last trade - 16.10pm 14/05/2024 (20 minute delay) ? |
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Last
$6.23 |
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Change
0.000 ( 0.08 %) |
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Open | High | Low | Volume | ||
$6.23 | $6.25 | $6.21 | 1908225 | ||
Last updated 15.59pm 14/05/2024 ? |
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