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67.0¢ plenti group limited

IPO - Plenti Group Limited, page-109

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Tarvold

18,273 Posts.

1198

19/09/20

23:05

Post #: 47478179
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Originally posted by KennyRogers21: ↑

Makes sense to scale most back to $2-3k allocations. They’d no doubt want to avoid someone dumping $20k worth of shares after a decent increase in value on day one.

No doubt there’ll be plenty of demand and I know that after being scaled back to $2k personally, there’s not a lot of incentive to sell in the short term. Great strategy to limit supply once it’s live.

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Actually I think they'll achieve the opposite, why bother holding such a small portion of shares?
People are more likely to dump a small allocation, if the price rises a decent amount, & move on rather than topping up.

Personally I'll be selling mine on day 1 first thing, especially after what they've done to the lending market on ttheir platform.

Last edited by Tarvold: 19/09/20

PLT Price at posting: 7.1¢ Sentiment: Sell Disclosure: Held
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(20min delay)
Last 67.0¢		Change 0.000(0.00%)		Mkt cap ! $117M

Open	High	Low	Value	Volume
67.0¢	67.0¢	67.0¢	$2.021K	3.017K

Buyers (Bids)

No.	Vol.	Price($)
2	83	67.5¢

Sellers (Offers)

Price($)	Vol.	No.
69.5¢	1300	1

View Market Depth

No.	Vol.	Price($)
2	83	0.675
2	7539	0.670
1	2	0.665
1	94554	0.660
1	28002	0.655

Price($)	Vol.	No.
0.695	1300	1
0.700	5028	2
0.720	5000	1
0.730	40000	2
0.740	15000	2

Last trade - 13.00pm 29/04/2024 (20 minute delay)

PLT (ASX) Chart