The very question I put to management myself. COO said it was very much expansionary per the release (they are expanding CelGro production facilities) to enable them to accelerate CelGro/ATI into US/EU markets and also an opportune time with recent price rise. I think they were a bit taken aback with the price action after announcement and placement - basically they see nothing but positive developments going forward after years of ground work. The markets are very fickle/impatient of course.
J&J Partnership, page-5
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Last
35.0¢ |
Change
-0.010(2.78%) |
Mkt cap ! $73.26M | |||
| Open | High | Low | Value | Volume |
| 36.0¢ | 36.0¢ | 35.0¢ | $82.13K | 232.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 92207 | 35.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 35.5¢ | 27779 | 1 |
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| Last trade - 16.10pm 08/07/2024 (20 minute delay) ? |
| OCC (ASX) Chart |