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06/07/20
10:26
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Originally posted by Creaturemagic:
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Looking at the offers on both sides, I doubt PM is going to see many AB1 trades. Plenty of people trying to drop $20,000 or more worth, but no one willing to buy. I think the issue is that only long term holders who are following AB1 actually know about it's listing. Big money has hundreds of other options to invest in that don't have to occur on Primary Markets and are instant. Better to wait for the IPO and see what kind of action we get then.
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Price range on the sell is 15c - 50c and they are small volume. By the looks of it people are dipping their toes in to see what happens. buy side is from 3c - 14c. I will watch and wait for the IPO and other things to play out. xxxooo