MNQ 0.00% 0.0¢ minquest limited

Why would they ? I have noticed at times people think Instos or...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 638 Posts.
    lightbulb Created with Sketch. 39
    Why would they ?

    I have noticed at times people think Instos or top 20 holders think like retail traders despite trading larger funds

    In reality and my experience this is not the case , they usually hold long term , for instance I think given this business an Insto maybe 2 will take the $3m float , public won't get access . They don't go and do what the retail trader does which is stag a profit for a few cents , they will instead take a longer view of wanting to see it commercialise . Funds don't risk $3m in a venture just to make 30%

    As others have forewarned the only way to get access to this stock is to buy it on market , and given its capital structure it will mean buying up

    However my numbers when compared to RAP is a market cap of circa $90M is around 10c so plenty of upside value .

    Evidence of RAP is this type of value can be realised in less than 6 months
 
watchlist Created with Sketch. Add MNQ (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.