But it does make a difference on the buy side. Less SOI makes it so much harder buying a sizeable parcel without pushing the SP through the roof. 50M SOI is more for the size of a larger private coy, or a public coy that has just IPO'd (and even that would be unusual), not a public coy looking for larger investors.
Margin lenders won't touch it, and I dare say larger institutional investors won't be interested either, unless they can get a sizeable chunk, like Piramal just did.
Which is why it was so important for the majority of the last lot of options to be exercised.
But it does make a difference on the buy side. Less SOI makes it...
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Last
$4.70 |
Change
0.180(3.98%) |
Mkt cap ! $229.3M | |||
| Open | High | Low | Value | Volume |
| $4.50 | $4.73 | $4.47 | $1.027M | 223.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $4.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.70 | 4140 | 1 |
View Market Depth
| Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
| FND (ASX) Chart |