This happens very frequently.Suppose there is always two sides to s story. For longer term holders you would assume pre cap raise pump a good thing, means raising at a higher price, hence less dilution. There are companies out there begging for a pre-cap pump. Ones that are struggling to get anywhere near full take up.
Ones that get burnt are usually the traders without the inside knowledge.Has happened to me. I would guess raise will be somewhat less than closing price today.
up up and away, page-35
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Last
18.0¢ |
Change
-0.010(5.26%) |
Mkt cap ! $36.23M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 19.0¢ | 18.0¢ | $1.463K | 7.951K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15000 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 67645 | 2 |
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| Last trade - 13.21pm 08/08/2024 (20 minute delay) ? |
| CSS (ASX) Chart |