From what I have heard, about 30m of the 78 million coming out of escrow will be sold. Indicative price range as of Friday 5 to 5.25. Last time I looked I think there were about 10m shorted shares that shorters will probably want to cover. Dollar down over last few days plus v high publicity around sell down will probably make this sell down popular to buyers. But a wild card is the potential for holders of escrowed stock to increase the size of the sell down if there is a strong demand at a high price. This would reduce price spike potential after the sale. I'm interested in buying some of the sell down stock but am a bit conflicted because I don't like buying anything Macquarie is selling.
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From what I have heard, about 30m of the 78 million coming out...
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Last
$5.08 |
Change
-0.060(1.17%) |
Mkt cap ! $1.578B |
Open | High | Low | Value | Volume |
$5.17 | $5.19 | $5.08 | $2.281M | 446.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 19240 | $5.08 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.10 | 2799 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1335 | 5.980 |
6 | 25069 | 5.950 |
2 | 6370 | 5.940 |
1 | 3489 | 5.930 |
1 | 534 | 5.920 |
Price($) | Vol. | No. |
---|---|---|
5.990 | 2951 | 3 |
6.000 | 5688 | 3 |
6.010 | 8304 | 2 |
6.020 | 7870 | 3 |
6.030 | 16750 | 2 |
Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
IPH (ASX) Chart |