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Thread: SKC - Sky City

  1. #931
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    Damn..I should have applied for more..

  2. #932
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    Quote Originally Posted by tango View Post
    I doubt there will be high demand from retail investors
    I like it when my predictions are correct but now wonder if I should have applied for more
    However, there are other good opportunities out there and I already have a large stack of SKC. Onwards

  3. #933
    Member NOCASH's Avatar
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    What does it mean for me with 2 Sky City shares, I will get the Full $17,000 That I applied for?
    Bye Bye BUy

  4. #934
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    Quote Originally Posted by NOCASH View Post
    What does it mean for me with 2 Sky City shares, I will get the Full $17,000 That I applied for?
    Might be your lucky day

  5. #935
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    Quote Originally Posted by NOCASH View Post
    What does it mean for me with 2 Sky City shares, I will get the Full $17,000 That I applied for?
    Yes. Which goes to show how ridiculous these SPP offers are

  6. #936
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    Quote Originally Posted by tango View Post
    I like it when my predictions are correct but now wonder if I should have applied for more
    However, there are other good opportunities out there and I already have a large stack of SKC. Onwards
    There are only 6000 retail shareholders approximately - I should have looked at this statistic before making a decision.
    90% of shares are owned by 83 large institutions. Retail shareholder had an advantage here over large shareholders in increasing their shareholdings
    I will get 10K worth of shares I applied for.

  7. #937
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    Quote Originally Posted by RRR View Post
    There are only 6000 retail shareholders approximately - I should have looked at this statistic before making a decision.
    90% of shares are owned by 83 large institutions. Retail shareholder had an advantage here over large shareholders in increasing their shareholdings
    I will get 10K worth of shares I applied for.
    Yes. You will get all that you applied for.

    I just think that most retail investors appetite for risk is very low at the moment. There have been so many SPP lately that many will be running low on funds. I’ve put 6 figures into SPP and buying opportunities in the last couple of months. You have to draw a line somewhere.

    I think mom and pop investors don’t want to take risks. New (younger) retail investors and the sharesies crowd are being seduced by the biotech and software companies at the moment although clearly there are a few sharesies investors jumping in here too with SKC

  8. #938
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    Did not apply personally as I'm already hitting the tip of my ML limit, as well as SKC is already over 5% of my personal portfolio. But applied I did for maximum, on our other account trading as a company. Just to balance that other portfolio. All is just good for the spp price.

  9. #939
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    lock down in aus might have some downward pressure.

  10. #940
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    Quote Originally Posted by Waltzingironmansinlgescul View Post
    lock down in aus might have some downward pressure.
    SKC has no casino in Melbourne.

    Adelaide and South Australia are fine where its casino is situated.

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