HI Cooper, th for a capital raise makes sense. It would also account for the trading pattern. The stock went up quite a bit on insider knowledge of fda approval and then sold off a bit when market found out about a capital raise...Probably get done at 5 dollar range. We do need some big bucks for manufacturing
Ann: Trading Halt, page-361
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Last
$1.26 |
Change
-0.050(3.83%) |
Mkt cap ! $1.432B | |||
| Open | High | Low | Value | Volume |
| $1.27 | $1.30 | $1.17 | $21.32M | 17.21M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 5460 | $1.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.26 | 978 | 1 |
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| Last trade - 16.10pm 24/07/2024 (20 minute delay) ? |
| MSB (ASX) Chart |