The bots have got little nippy piranha teeth this morning, little 'kers. CXXTs over a broker's desk giving the illusion of trading, big 'kers. Sucking people into selling.
The CNR spin out from RXL resulted in unhappy punters not getting shares because their allocations were too small because they didn't have enough RXL. Cannacord paid out their allocations at 20 cents/share and now hold 4.5% of CNR, and have made about $2 million with shares now going 30 cents.
Moral of the story - buy more LTR to ensure you get a SpinCo allocation above issue threshold (hasn't been announced, it'll be in final offer document) and not just a cheque for a few hundred bucks.
ASX Today, page-6494
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Last
88.5¢ |
Change
0.015(1.72%) |
Mkt cap ! $2.146B | |||
| Open | High | Low | Value | Volume |
| 88.0¢ | 92.5¢ | 88.0¢ | $10.67M | 11.88M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 163847 | 88.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 89.0¢ | 7802 | 1 |
View Market Depth
| Last trade - 16.10pm 06/08/2024 (20 minute delay) ? |
| LTR (ASX) Chart |