IMO why would SOFs sell their shares when they got them so cheap? I hear everyone say because they have the options risk free but I'm sure they are also interested in making money just as we are. surely they would also be looking at the potential for massive sales just around the corner for ADO! The argument used is they can sell at a loss to offset profits for other shares...to me you only do this if you think the company has no potential to increase.
2024 Year of ADO
IMO why would SOFs sell their shares when they got them so...
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Last
2.1¢ |
Change
-0.001(4.55%) |
Mkt cap ! $51.83M | |||
| Open | High | Low | Value | Volume |
| 2.1¢ | 2.1¢ | 2.1¢ | $4.979K | 237.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 302375 | 2.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.2¢ | 554834 | 4 |
View Market Depth
| Last trade - 11.51am 20/06/2024 (20 minute delay) ? |
| ADO (ASX) Chart |