Who will be silly enough to sell during this "bad it" stage of the private equity playbook? Everything has to be written down, and accounts be made to look as bad as possible ATM, so that everything can look doubly fantastic later on in the "good it" stage. I do plan to buy considerably more sub $1.35, if it gets there and take up as many as I can in the crap raise. Hopefully the exit of the ASX 200 provides a bit of a discount. I imagine the PE would like to have it leave the 300 as well, and this will be on the cards, as it is only the free float that counts towards the indices. Anyway - all IMO - I might be totally wrong about everything here.
Who will be silly enough to sell during this "bad it" stage of...
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Last
26.5¢ |
Change
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Mkt cap ! $13.28M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 3 | 23079 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.0¢ | 5500 | 1 |
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