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08-07-2020, 09:37 AM
#931
Member
Damn..I should have applied for more..
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08-07-2020, 10:04 AM
#932
Originally Posted by tango
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
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08-07-2020, 10:11 AM
#933
What does it mean for me with 2 Sky City shares, I will get the Full $17,000 That I applied for?
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08-07-2020, 10:18 AM
#934
Originally Posted by NOCASH
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
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08-07-2020, 10:19 AM
#935
Originally Posted by NOCASH
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
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08-07-2020, 10:20 AM
#936
Member
Originally Posted by tango
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.
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08-07-2020, 10:31 AM
#937
Originally Posted by RRR
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
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08-07-2020, 10:57 AM
#938
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.
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08-07-2020, 12:46 PM
#939
lock down in aus might have some downward pressure.
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08-07-2020, 12:50 PM
#940
Originally Posted by Waltzingironmansinlgescul
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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