I agree jogo
There are many sophisticated investors whose mode of operation is to take large licks of discounted stock in placements, then flip the new stock straight into the market at a small profit.
Repeat and repeat. Its a system.
The brokers like these sort of traders as they provide the quick and reliable access to risk capital to facilitate quick capital raisings.
Its a symbiotic relationship.
The brokers make money by getting quick placements done for a 6% fee.
The investors make money by getting discounted stock.
So who loses?
The incumbent shareholders, that's who. Because their share price is hurt by the new stock dilution at a discounted price.
The only way to beat this part of the ASX 'system' is to join the crew by aligning yourself with a broker to get access to placements.
Otherwise move on and make your money in another way.
Gosouth
- Forums
- ASX - By Stock
- Thoughts on the CR and fighting the shorters
I agree jogo There are many sophisticated investors whose mode...
-
- There are more pages in this discussion • 16 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
Add SYR (ASX) to my watchlist
|
|||||
Last
35.5¢ |
Change
-0.010(2.74%) |
Mkt cap ! $367.3M |
Open | High | Low | Value | Volume |
35.5¢ | 37.0¢ | 35.0¢ | $2.274M | 6.355M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 189831 | 35.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
36.0¢ | 53310 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 187131 | 0.350 |
9 | 989772 | 0.345 |
10 | 583444 | 0.340 |
3 | 965374 | 0.335 |
13 | 506775 | 0.330 |
Price($) | Vol. | No. |
---|---|---|
0.360 | 53310 | 3 |
0.365 | 264000 | 2 |
0.370 | 21683 | 4 |
0.375 | 174001 | 2 |
0.380 | 117894 | 4 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
Featured News
SYR (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online