A quick check of ASX announcements shows that the rights issue was oversubscribed.
Is it a display of shareholder confidence for the longterm? or simply buying up a bargain for a quick resell and profit?
In my view, confidence about the future.
oversubscribed
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Mkt cap ! $18.40M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
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