They're not a broker. Some of the ipo would have been shares amongst a bunch of smaller brokers. Pretty much at their mercy...and it's a Friday!
Personally I see this as an opportunity (I don't mind the business), because not many shares would be very hard to get decent purchase in, other than listing date, ie today and maybe next few trading days. See what happened with AL8 for example.
I bought some at 25.
Cdchi1
IPO - 5GN Networks Limited, page-29
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Last
16.0¢ |
Change
-0.025(13.5%) |
Mkt cap ! $53.86M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 18.0¢ | 16.0¢ | $195.6K | 1.129M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 356255 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 200000 | 1 |
View Market Depth
| Last trade - 16.10pm 30/05/2024 (20 minute delay) ? |
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Last
16.5¢ |
Change
-0.025 ( 8.54 %) |
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| Open | High | Low | Volume | ||
| 17.8¢ | 17.8¢ | 16.5¢ | 363497 | ||
| Last updated 15.38pm 30/05/2024 ? | |||||
| 5GN (ASX) Chart |