Disagree all you like.
Statistically looking at all CRs on the ASX and globally far more than 60 percent result in an immediate share price fall.
For every 1 company on the ASX with a CR where price went up after the CR I can give you 10 that went down
Looking at the stats any CR causes a share price to decrease.
I am a holder too and got in at 9c range on its way up this year. Statistically my opinion is aligned to facts and historicals and your opinion statistically has about a 10 percent chance of being right.
Now this is all based on now additional news. A positive hm3 Ann would change things
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- Ann: ORINOCO RAISES $12.1 MILLION IN SUCCESSFUL SHARE PLACEMENT
Ann: ORINOCO RAISES $12.1 MILLION IN SUCCESSFUL SHARE PLACEMENT, page-65
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