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28-05-2020, 01:26 PM
#2431
Good Fellet post mistaTea
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28-05-2020, 01:31 PM
#2432
Freakin La La Land at the moment.
Still in the green tho.
Like I said, needs a few weeks to settle.
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28-05-2020, 01:45 PM
#2433
Probably get dumped a little for the next few days or week or so
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28-05-2020, 01:48 PM
#2434
Originally Posted by Cadalac123
Probably get dumped a little for the next few days or week or so
New investors & institutions will be allotted their shares & start trading on 2 June. So next week will see what they are going o do with their 12c shares.
Retail investors however will only get their shares on 16 June - 2 weeks later!
So retail investors will have an interesting 2 weeks to watch the share price action before they get their allotment and shares.
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28-05-2020, 01:59 PM
#2435
Originally Posted by Balance
New investors & institutions will be allotted their shares & start trading on 2 June. So next week will see what they are going o do with their 12c shares.
Retail investors however will only get their shares on 16 June - 2 weeks later!
So retail investors will have an interesting 2 weeks to watch the share price action before they get their allotment and shares.
See latest announcement.
Though the power of black magic, Morgan Stanley have already got ownership of the new shares and have loaned them back to their clients, on margin, to trade at free will. So effectively the new shares are being traded now.
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28-05-2020, 02:13 PM
#2436
Originally Posted by Ogg
See latest announcement.
Though the power of black magic, Morgan Stanley have already got ownership of the new shares and have loaned them back to their clients, on margin, to trade at free will. So effectively the new shares are being traded now.
Hence, the sell down being witnessed - the 1m odd shares bid at 15c must be looking attractive for a quick 25% profit. Not a bad day's work for the 'new' committed long term shareholders?
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28-05-2020, 02:18 PM
#2437
Originally Posted by Balance
Hence, the sell down being witnessed - the 1m odd shares bid at 15c must be looking attractive for a quick 25% profit. Not a bad day's work for the 'new' committed long term shareholders?
It's all price manipulation, designed to screw over retail investors.
Like I said, give it 2 weeks.
For the record, I'm going in at 120% of my entitlement. $61k.
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28-05-2020, 02:24 PM
#2438
Originally Posted by Ogg
It's all price manipulation, designed to screw over retail investors.
Like I said, give it 2 weeks.
For the record, I'm going in at 120% of my entitlement. $61k.
You should take up see weed’s entitlement? He has offered it.
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28-05-2020, 02:31 PM
#2439
Originally Posted by Ogg
See latest announcement.
Though the power of black magic, Morgan Stanley have already got ownership of the new shares and have loaned them back to their clients, on margin, to trade at free will. So effectively the new shares are being traded now.
Only BUY recently and no new 12 cent shares on that notice
Do you know they are lending?
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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28-05-2020, 02:32 PM
#2440
Originally Posted by Balance
You should take up see weed’s entitlement? He has offered it.
If only I could.
Hopefully there's enough "see weeds" out there to create a 20% shortfall.
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