'Sold all my holdings at 28c so hoping to buy back in again at 21c or therefore making a short sell profit of at least 25% in 2 weeks.'
And a few hours later:
'I be selling my 500k holding at open tomorrow '
I'm not convinced you know what a holding is. This is about the worst attempt at trolling I've seen on HC.
Anyway, it's always interesting/entertaining when school kids play the ASX. Inevitably, they lose all their pocket money and move on.
For mine, I will wait to see where the shares have been placed. If the bulk end up with a no name insto, the you can almost be certain a lid will be put on the SP for a few weeks.
On the other hand, a big pharma/Telehealth provider, will only renew and generate interest.
By bet is the latter.
Also of interest, will be a detailed explanation of what the funds will be used for. Without doubt, they can do quite a lot with 10 mil.
The CR is very out of character, so I expect it will be accompanied by a very solid explanation, and a steady flow of positive news.
We wait and see.
Good luck all.
10m Placement @ 20c, page-155
Currently unlisted. Proposed listing date: 4 SEPTEMBER 2024 #