QAN 1.06% $4.66 qantas airways limited

Small investor being crucified.

  1. 10,373 Posts.
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    The questionable logic of QAN in pitching the new issue price at $4.20 is currently costing the small investor heaps.

    Assuming the small investor holds 8,200 QAN he will be offered another 1,000 at $4.20. Based on the previous QAN close, if one takes up the offer then the average price for the 9,200 will be $4.64.

    That compares to the current price of $4.44.

    Ah well, at least the insto's will be able to book a healthy trading profit by arbitraging their allocations.
 
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Last
$4.66
Change
-0.050(1.06%)
Mkt cap ! $8.788B
Open High Low Value Volume
$4.70 $4.74 $4.61 $36.89M 7.906M

Buyers (Bids)

No. Vol. Price($)
4 50781 $4.66
 

Sellers (Offers)

Price($) Vol. No.
$4.67 112 1
View Market Depth
Last trade - 16.10pm 11/05/2021 (20 minute delay) ?
(live)
Last
$4.67
  Change
-0.050 ( 0.89 %)
Open High Low Volume
$4.70 $4.74 $4.61 8923984
Last updated 15.59pm 11/05/2021 (live) ?
QAN (ASX) Chart
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