If the large shareholder was just a vendor into the IPO I would think rationally they wouldn't want to increase a large personal exposure even more (more likely to sell down if anything). I have no idea of either investors intentions that's just my gut feel.
I guess then the more relevant one to look for would be M Y Capital Management. I just looked them up and think this link has to be them https://www.mycmcorp.com/the-hydroponics-company-limited/ as they have a THC write up on the website. Once again I know nothing about them just saying if they own 5%+ of the company and are increasing that at prices above $0.60 which is a lot higher than the IPO what better sign is that?? They are out there to make money and investment businesses live and die by doing it so think it has to be a positive. Anyways a waiting game now to see if any of them buy more or a new fund comes in. Fingers cross
- Forums
- ASX - By Stock
- Ann: Trading Halt
If the large shareholder was just a vendor into the IPO I would...
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add EPN (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.208M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
EPN (ASX) Chart |
Day chart unavailable