07-03-2012, 11:47 PM
Hello Privi,
It is good to have a fellow Q&M fan contribute to this humble thread!
But I don't see that the point you are making will help the share price. Q&M is a fairly liquid counter - I understand many dentists trade it regularly and there have been several days recently where over 1 Million shares were traded. So I do not see the "clicks" argument from a shareholder value-creation perspective.
You say there could be more buyers for S$ 0.4 priced shares - there could be more sellers to.
And the Dentists I know are somewhat far from destitute so they are not worried about the cost/price of a single lot. They usually trade in tens or hundreds of lots!!
It is good to have a fellow Q&M fan contribute to this humble thread!
But I don't see that the point you are making will help the share price. Q&M is a fairly liquid counter - I understand many dentists trade it regularly and there have been several days recently where over 1 Million shares were traded. So I do not see the "clicks" argument from a shareholder value-creation perspective.
You say there could be more buyers for S$ 0.4 priced shares - there could be more sellers to.
And the Dentists I know are somewhat far from destitute so they are not worried about the cost/price of a single lot. They usually trade in tens or hundreds of lots!!
RBM, Retired Botanic MatSalleh