@TheStooge - why is it a quality IPO?
What has the company achieved in the 3days since it has been listed to justify continual short term share price increase?
IMO, Long term sands could be a good play, but it feels that at the moment any positive growth in short term share price is driven by external excitement being generated around the company, with no underlying why the price should go to the "moon" in the short term.
IMO if the price should be 40+c 3 days after listing, surely the IPO price was too low for the company - which wouldn't reflect a "quality" IPO.
(wouldn't the cash be better in the hands of the company, then in day traders/short term holders?)
- Forums
- ASX - By Stock
- Mineral sands
@TheStooge - why is it a quality IPO?What has the company...
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add IND (ASX) to my watchlist
(20min delay)
|
|||||
Last
18.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.25M |
Open | High | Low | Value | Volume |
18.0¢ | 18.0¢ | 18.0¢ | $40 | 221 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5657 | 17.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.0¢ | 108033 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5657 | 0.175 |
1 | 2229 | 0.170 |
1 | 6054 | 0.165 |
3 | 74300 | 0.160 |
1 | 5000 | 0.155 |
Price($) | Vol. | No. |
---|---|---|
0.180 | 108033 | 1 |
0.190 | 4640 | 1 |
0.200 | 67821 | 2 |
0.250 | 9530 | 2 |
0.255 | 103000 | 1 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
Featured News
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
NEWS
Breakthrough programs slash healthcare events, driving a significant A$1.8M+ annual revenue boost
CC9
Chariot Corporation (ASX:CC9) refines Black Mountain strategy, launching Pilot Mine to seize U.S. lithium opportunity
IND (ASX) Chart |