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
$7.26 |
Change
0.050(0.69%) |
Mkt cap ! $11.35B |
Open | High | Low | Value | Volume |
$7.28 | $7.37 | $7.23 | $82.22M | 11.38M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 197906 | $7.26 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.27 | 1644 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 73 | 7.240 |
3 | 293 | 7.220 |
1 | 70 | 7.210 |
2 | 140 | 7.200 |
1 | 800 | 7.150 |
Price($) | Vol. | No. |
---|---|---|
7.280 | 1720 | 1 |
7.290 | 1000 | 1 |
7.300 | 26723 | 5 |
7.320 | 2878 | 5 |
7.330 | 330 | 1 |
Last trade - 16.10pm 20/09/2024 (20 minute delay) ? |
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