why does everyone assume sophisticated investors want to dump a company on day one… when they have taken up the raise at a very small discount to market price at the time in a terribly market! They clearly think that much higher prices lie ahead or else the risk reward on the cap raise looks pretty poor for the investors.
Ann: Drilling Intersects Extensive Mineralisation at Callisto, page-6
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Last
20.5¢ |
Change
0.005(2.50%) |
Mkt cap ! $40.51M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.5¢ | 19.5¢ | $26.63K | 133.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30000 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 43999 | 1 |
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| GAL (ASX) Chart |