Oxymoron? Ha....
Let me be verbose then, as a listed company they have a compliance requirement to ensure "continuous disclosure" to the market being they must provide fair and reasonable transparency of activities, events or impacts on the business and subsequently the share price as determined by the ASX from time to time. The degree of transparency can be broad or its can be detailed and very granular (too much detail or too little relevance).
I don't think they should have submitted anything about capital raising, let alone spanning two fiscal periods in the industry sector they in. If they are trying to elude to something else there would have been other ways to address it.
If I was to be a complete and utter cynic I would have said this latest announcement was just a price promoter that intended to leave an illusion in the market. Felt the need to release something but had nothing material to release? I guess its lucky I am not a complete cynic, but I admit to being risk averse.
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