51 cents buyers and 52 cents sellers.
Wait for the 50 cents placement shares to come out this week.
Then, it will be 49 cents buyer and 50 cents seller.
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Given the massive drop in market Cap, I wonder if they will even make the nzx50 now? Now that would really be a stuff up.
To me, this is a good sign. Milford are a well managed firm who are offering great returns. I also observed that in there Active Fund they had 1.1% of the $333 million in ATM before the dilution. And just FYI, this fund has a return around the 15-20% mark this year as well.
50 cents sellers in volume.
All those of you who were complaining about access to stock at 50 cents, hope you are lining up to buy at 50 cents or 49 vents.
Do that or forever hold your peace.