PM8 0.00% $1.66 pensana plc

Share price - General Discussion, page-2248

  1. 237 Posts.
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    With some overanxious Aussie shareholders selling yesterday,
    brokers accumulated more shares to sell on the LSE last night for a quick profit.

    That brought the LSE closing price down from 116p on Tuesday to 106p on Wednesday = A$1.87

    This is still about 10 cents above the likely opening on the ASX this morning,
    so we can expect more broker games today to separate Aussies from their Pensana shares cheaply.

    If Aussie shareholders don't want to deal with an account that is able to trade shares on the LSE in the future,
    then surely it would be much better to use the automated sale process that Pensana will offer in March or thereabouts.

    That way you are likely to be selling at a significantly higher price on LSE after the BFS,
    instead of the current giveaway prices on the ASX.

    All IMO - DYOR etc

 
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