"Institutions are putting a cap on this..."
Why would they do that??!! I thought they should be pushing the price above 86c!!! And who is selllig at the current dirt-cheap price?!!
If the share price remains below 86c till 8 Dec 2010, then non of the retail investors would take up entitlments in the 86c rights issue as they will be able to buy cheaper on market!!!
P.S: Morningstar Australasia has upgraded their recommendation to Accumulate following the unit price weakness
- Forums
- ASX - By Stock
- share price
"Institutions are putting a cap on this..."Why would they do...
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
STX
Strike hands $48.5M contract to Clarke Energy to produce 20x 4.5MW gas engines for Sth Erregulla
KAI
Pilbara Minerals buys land off Kairos part of its York gold project for $20M – and a 2% royalty on any PLS gold sales