It’s likely they had the raise already lined up, they’ve been dropping good news for weeks with no movement …I wonder how you’d then feel if the sp moved 25-30% and then they announced the raise was still at the pre-agreed $1.25 and 40% discount to the price post news
Ann: Trading Halt, page-174
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$1.06 |
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Mkt cap ! $67.26M | |||
| Open | High | Low | Value | Volume |
| $1.09 | $1.11 | $1.05 | $329.1K | 306.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 40047 | $1.05 |
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| Price($) | Vol. | No. |
|---|---|---|
| $1.11 | 18348 | 1 |
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| VMM (ASX) Chart |