No need to apologise McQuade...you have just posted three posts...

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mulac1

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25/08/21

13:59

Post #: 55561131
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Originally posted by McQuade: ↑

OK. Listen up.

The very existence of secondary markets that allow ownership to change hands is what makes the system work.

You say IPO's etc are investing in the company. Naive. That initial investment in the company is transferred to each subsequent owner, it still exists even though the current owner wasn't the initial investor.
Secondly, and equally as importantly, the very existence of secondary markets make primary markets possible. Ask yourself, who would invest in a company if you couldn't sell at some point? So if I invest in a company today I make the previous IPO possible.
Thirdly, buyers today have a positive impact on pricing, thus helping a business with it's cost of raising additional equity in the future. So by buying shares today, in anything, is actually investing in the businesses ability to fund its future. So a subsequent SPP or rights is price is directly affected by the share price, which is affected by the buyers/investors who set the price.

Sorry to everyone else for derailing the thread, but the point needed to be made. There's too much uneducated preaching going on here that could influence readers.

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No need to apologise McQuade...you have just posted three posts that IMO are in contention for SGQ posts of the year. Great posts IMO.

Cheers
Mulac1

SGQ Price at posting: 6.8¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 2.5¢		Change 0.000(0.00%)		Mkt cap ! $24.71M

Open	High	Low	Value	Volume
2.5¢	2.5¢	2.5¢	$23.54K	941.8K

Buyers (Bids)

No.	Vol.	Price($)
2	37977	2.5¢

Sellers (Offers)

Price($)	Vol.	No.
2.6¢	257447	4

View Market Depth

No.	Vol.	Price($)
2	37977	0.025
1	1500000	0.024
3	1996091	0.023
2	3487040	0.022
3	360000	0.021

Price($)	Vol.	No.
0.026	257447	4
0.027	373000	4
0.028	509799	4
0.029	365701	2
0.030	402784	2

Last trade - 15.44pm 25/06/2024 (20 minute delay)

SGQ (ASX) Chart

No need to apologise McQuade...you have just posted three posts...

Sun Silver submits US$60M Silver Paste Funding Application to US DoE

Eurozone-based companies find new ways to secure a regional lithium supply

With financials holding the fort, materials must step up with some heavy lifting to stimulate stocks

Time for retail therapy buying in the shopping Scentre for hot stocks

End of FY is a time to juggle wins, losses and capital gains taxes

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

No need to apologise McQuade...you have just posted three posts...

Top Stories

Sun Silver submits US$60M Silver Paste Funding Application to US DoE

Eurozone-based companies find new ways to secure a regional lithium supply

With financials holding the fort, materials must step up with some heavy lifting to stimulate stocks

Time for retail therapy buying in the shopping Scentre for hot stocks

End of FY is a time to juggle wins, losses and capital gains taxes

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News