CU6 1.69% $6.38 clarity pharmaceuticals ltd

Ann: Clarity launches $121 million equity raise, page-75

  1. 2,195 Posts.
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    So when you do a placement 18% below the last traded price...what you get is what we have seen over the past few weeks, with price falling slowly, eventually getting down to a 4% profit for the stags. Now that we are down here, we will still need to digest a bit more stagging on the way back up.
    An announcement will help, but the sellers will still be around for a little while yet I suspect.
 
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