The high wealth individual investors (sophisticated investors) who rushed for the placement didn't get to that category by being idiots. They would have had the best people analyse the stock before buying so we should take heart that their advice would have valued it far higher than the 1.50 they paid.
They are also not short term investors so don't fret
when are the heavily oversubscribed, page-2
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Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $27.04M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 1.0¢ | $60.11K | 6.011M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 6166617 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 3644602 | 8 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| AEV (ASX) Chart |