Shares & Derivatives
Netlink Trust Strategy Update
By Mr. IPO  •  July 24, 2017


I previously highlighted my strategy on Netlink Trust in my post here where i would like to buy 100,000 shares of Netlink. Here is the update for the trades done last Friday.

•  Mrs IPO managed to be allotted 13,000 shares from her application of 50,000 shares over the ATM. The IPO, as expected, opened weakly and I managed to get an additional 37,000 shares for Mrs. IPO at 80c. The entry price is a tad better than the ATM price

•  I also mentioned that i didn't apply for the Netlink Trust as i would like to use the cash from my SRS account. I managed to buy 25,000 shares at 80.5 cents for my SRS account on Friday but my other buy queue at 80c was not filled (I queued at different times from Mrs IPO). I was hoping that the stabliisation manager would run out of ...
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By Mr. IPO
Mr. IPO graduated from NTU with a Bachelor in Accountancy (Honors) and started life as a lowly auditor. The audit experience not only polished up his accounting skills but also made him very skeptical about the financial records of companies. He always read the financial reports with a huge dose of salt ...
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