The questionable logic of QAN in pitching the new issue price at $4.20 is currently costing the small investor heaps.
Assuming the small investor holds 8,200 QAN he will be offered another 1,000 at $4.20. Based on the previous QAN close, if one takes up the offer then the average price for the 9,200 will be $4.64.
That compares to the current price of $4.44.
Ah well, at least the insto's will be able to book a healthy trading profit by arbitraging their allocations.
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$6.11 |
Change
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Mkt cap ! $9.956B |
Open | High | Low | Value | Volume |
$6.15 | $6.17 | $6.10 | $37.91M | 6.182M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 18577 | $6.11 |
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Price($) | Vol. | No. |
---|---|---|
$6.13 | 10461 | 3 |
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No. | Vol. | Price($) |
---|---|---|
1 | 18577 | 6.110 |
4 | 43250 | 6.100 |
7 | 60071 | 6.090 |
5 | 61341 | 6.080 |
1 | 18789 | 6.070 |
Price($) | Vol. | No. |
---|---|---|
6.130 | 18 | 1 |
6.140 | 28675 | 4 |
6.150 | 40673 | 6 |
6.160 | 46578 | 10 |
6.170 | 246623 | 15 |
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