"just had a look at IDC capital raising... wow.
The brief look I had at what they've got, I cant see why they managed to raise capital at a 30% odd premium to their last closing price"
Maybe theirs was done in large part to an existing large holder who was happy to pay a premium on a top up to make his overall holding look better?
Complete speculation but who knows how they managed that and keep in mind its not the norm. A discount as ABU has done is much more common. Not much point comparing to an odd situation when not knowing how they pulled off that premium.
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