A lot of the Sophisticated Investors (who already owned BUB) and who got into the Capital Raising, will be thinking this weekend "hey, I am already up 30% in a few days, why not take my profits?....This thing looks like its about to pull back".......Easy Money.
If I was in that position, I cash in 60 to 70% of my holdings. I can free carry a portion of my new purchase without any risk.
After all, the name of the game is to make profits and protect your capital - you took yours at BAL for around 40% profits.
Capital Raising Offer to Limited Parties, page-141
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Last
14.0¢ |
Change
0.005(3.70%) |
Mkt cap ! $124.8M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 14.0¢ | 13.0¢ | $179.2K | 1.328M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 1958180 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 961442 | 25 |
View Market Depth
| Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
| BUB (ASX) Chart |