Dont assume all fundies and instos are good...... that is why following the actions of the instos is still a gamble.
However the benefit for the fundies is they lose less when sp is declining and make more in reverse.
One needs to be careful with org ST as whatever losses incurred by the instos will be attempted to recoup and leave the retailers holding the can. Org management is difficult to back at the moment with this oversight.
So am i correct to say that the halt is purely for the bookbuild from the instos. Can anyone who buys on open be eligible for the offer?
Trading halt after a 60% price collapse?, page-58
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Last
$10.10 |
Change
0.085(0.85%) |
Mkt cap ! $17.33B | |||
| Open | High | Low | Value | Volume |
| $10.00 | $10.10 | $9.96 | $9.168M | 911.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 8813 | $10.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.10 | 46411 | 26 |
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| Last trade - 12.27pm 01/10/2024 (20 minute delay) ? |
| ORG (ASX) Chart |