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25-11-2020, 09:00 AM
#4451
Member
 Originally Posted by sb9
New name on NZX with PX1 and debut on ASX today, be interesting to see what its in store...
Up or down do you think?
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25-11-2020, 09:04 AM
#4452
Originally Posted by Hello123
Up or down do you think?
Surely a good day to list after a strong night on the US market. Is there usually any correlation with an IPO being positively or negatively effected by the overall market sentiment?
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25-11-2020, 09:16 AM
#4453
They will grind it out to be AUD$1.25/30, until a new client is announced.
Last edited by Getty; 25-11-2020 at 09:23 AM.
Reason: error
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25-11-2020, 12:57 PM
#4454
Well, it looks like the anticlimax is worse than I predicted.
The opening on ASX is due to be 1.13 orNZ $1.20.
The Aussies to their credit dont pay for hype or good intentions, just proven cashflow.
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25-11-2020, 01:06 PM
#4455
Originally Posted by Getty
Well, it looks like the anticlimax is worse than I predicted.
The opening on ASX is due to be 1.13 orNZ $1.20.
The Aussies to their credit dont pay for hype or good intentions, just proven cashflow.
and that's the life blood of any share, forget the hype.
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25-11-2020, 01:25 PM
#4456
Member
1.23 now by the looks of this didn't even need to participate in the SPP.
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25-11-2020, 01:32 PM
#4457
Originally Posted by Hello123
1.23 now by the looks of this didn't even need to participate in the SPP.
Wow, those who bought during the SPP for $1.20, must be making a fortune selling for $1.22. Lol, what a joke.
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25-11-2020, 01:36 PM
#4458
Originally Posted by Gregnz
Wow, those who bought during the SPP for $1.20, must be making a fortune selling for $1.22. Lol, what a joke.
Or even better , let’s sell for $1.20 what we bought during the SPP @ $1.20
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25-11-2020, 01:37 PM
#4459
This seems to happen with every Cap Raise. May just buy a few more now knowing the SPP is likely going to be scaled back. I think this stock will recover well and hopefully in the next week or 2 we get an update re the new customer. Lets hope it is massive and all those people selling out will wish they never did.
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25-11-2020, 01:39 PM
#4460
Originally Posted by Gregnz
Wow, those who bought during the SPP for $1.20, must be making a fortune selling for $1.22. Lol, what a joke.
SPP buyers don’t have their shares yet.
The joke is the minnows who moan about the SP reverting to the valuation that the company itself gave for the cap raising, like what else would people expect! That’s 😂
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