SUN 0.47% $16.96 suncorp group limited

price after raising-read below, page-19

  1. 10,560 Posts.
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    Intersting, Instos get these at $4.50, up until their shares can be sold onto the market folks may want to trade it sideways but lets say she is at $ 5 at the time and you were an insto. what would you do if you were staring at about 10 % immediate gain ($ diff from $ 4.5 to about $ 5.0) > You would sell immediatley would u not ? So everyone else has also figured this out. Now if u could laso pump it up and short here how good would that be ? U get a double wammy ! Man I am out - sorry I will keep my powdered nose dry as I do not beleive in the current interest in the stock. I will wait until things have settled after the insto play. who knows meebbe I can get some cheaper than the $4.5 offer. If not I have read this completely wrong. Does not make sense to me todays interest other than instos want to buy stock for a covered short.
 
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Last
$16.96
Change
-0.080(0.47%)
Mkt cap ! $21.57B
Open High Low Value Volume
$16.86 $17.05 $16.83 $30.12M 1.790M

Buyers (Bids)

No. Vol. Price($)
1 2688 $16.95
 

Sellers (Offers)

Price($) Vol. No.
$16.96 1973 1
View Market Depth
Last trade - 16.10pm 19/07/2024 (20 minute delay) ?
SUN (ASX) Chart
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