Australia's largest stock trading and investment forum Australia's #1 stock forum

BUD

Click for more information

0.00%

4.3¢ buddy technologies ltd

As GB had expressed, mentioned the same thing as well in earlier...

First 159 Last

Share
Profile

Follow
1ronnie

2,103 Posts.

281

13/02/19

13:27

Post #: 37423375
Share

Originally posted by goldbear77 ↑

Originally posted by kfresh
Like to see live broker data here.

Insto/Sophisticated happy to support share px capital raise at 8c in size.

yet 1miil odd trades there just now.
as i said the other day standard operating procedure for a raise is to
- get 10-15% discount - pump sp for 2-3 days post - in which pure liquidity providers exit at ~5-10% quick profit
- then its on stock fundamentals as to where sp goes - common in soggy stocks to fall back to issue price where corporate finance broker will tend to bid the line (ie defend sp) for at leats a few weeks post the raising

there are funds and hnws who;s business model is entirely around being there for every raising - so companies get their money - and exiting in that 2 day window - so minimum risk of losing capital.

having people like that helps brokerages ensure they can always do a raising in any market

depending on the raise they can speak for as much as 50% and as little as 0% of of the amount raised. no idea what it was for BUD's raise.

Expand

As GB had expressed, mentioned the same thing as well in earlier posts about this short 'window of opportunity' to exit , beyond completion of exercise, true fundamentals take over and I have already provided my view on that.

BUD Price at posting: 8.0¢ Sentiment: Sell Disclosure: Not Held
2 Upvote

0 Great analysis

Reply

Top Stories

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

CXM

'Taking money from the market': Garbage giant cleans up as this week's Hot Stock tip

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

This thread is closed.

You may not reply to this discussion at this time.

There are more pages in this discussion • 81 more messages in this thread...

First 159 Last

Add BUD (ASX) to my watchlist