BLT 0.00% 2.6¢ benitec biopharma limited

finding the floor...are we there yet?, page-6

  1. 540 Posts.
    RSTICKLE

    You really need to sit down and change your mindset.

    RA Capital cannot make money if they don't sell.
    Therefore if they have been selling down there first tranche holding at average of $1.60 then they
    have made 66 % profit already.
    They can sell down there second issue of shares at 90 cents
    and still all up make 40 % profit over all.

    That's how institutions make money sir.

 
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