Personally I think guys like Regal and Wilson (the big boys) get large allocations of every deal as they pretty much underwrite them
That is they take the good ones and the bad ones - they probably then exit the ones that are not part of their core portfolio
You also need to remember in this IPO and others there are seed investors who paid less than the IPO price and they can sell part of the holdings on Day 1
Looks like it has some support at these levels
Personally I think guys like Regal and Wilson (the big boys) get...
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Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.062M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 90908 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 200000 | 1 |
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| Last trade - 16.12pm 31/05/2024 (20 minute delay) ? |
| PHL (ASX) Chart |
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