If the retail shortfall bookbuild price is less than the market price, I suppose instos will sell into it and make a profit.
But why wouldn't they hold?
Maybe because they can see the oil price going nowhere for a long long time
If the retail shortfall bookbuild price is less than the market...
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Last
$6.79 |
Change
0.010(0.15%) |
Mkt cap ! $21.97B | |||
| Open | High | Low | Value | Volume |
| $6.78 | $6.80 | $6.74 | $17.11M | 2.520M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 42 | 55479 | $6.79 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.80 | 112145 | 38 |
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| Last trade - 13.06pm 01/11/2024 (20 minute delay) ? |
| STO (ASX) Chart |