There is no logical reason for this style of cap raise.If you have good stuff you feed it to the intos for a quick raise and move on.Most investors deal with that .If its that good you dont need retail to raise money and you dont pay double for a cap raise to canacord. Not down ramping or shorting ,the company did it by themselves with an obscure cap raise plan.Every day with no ann will see profit taking and a sell down.
Sleeping Giant no more, NZS is an emerging growth story... What’s Next?, page-515
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