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02/08/16
13:10
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Originally posted by djm3001
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Hi Stock
No worries. Thanks for that.
I suppose its just such a frustrating stock. Its only been 24 hours and I'm already frustrated again ! haha
RM's salary and CR are a sore issue but I take your point that we can't solve that here and they do lead to people getting polarised. So yes its probably been done to death.
The thing I find so strange and WOULD like to hear other peoples take on is the fact that the offer went out for shares at 28 cents. The ANN stated that it was very well received and oversubscribed with a number of new insto investors. So common sense would say that the demand for the stock should have carried over to the market when it reopened. But it didn't.
So insto's are throwing money at it on Friday at 28 cents and can't get all they wanted but don't buy it on the market on Monday...!!
So much about this stock just doesn't make sense.
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It was oversubscribed at 0.28 with the attaching options...the Insto's and soph's will most likely be looking for a SP around the 0.20 area to match that
Last edited by
dappaT :
02/08/16