Hi Donkey, the 60c capital raise crowd (sophisticates) also would have had plenty of time to exit profitably after the raising as traded well above this for some time from memory. So it may be a resistance point but perhaps not as many of those still holding as you may think. Sophisticates don't usually hang around too long but we do love them regardless.
EGR Price at posting:
47.5¢ Sentiment: None Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)