Usually with cap raises, the sp already declines prior to the raise as those involved already know what the raise price is, which is usually at a discount. Yesterday however we saw a mad rush to get in and the sp appreciated to close to day highs, which wouldn't suggest a discounted price.
My guess it could be a $4 plus raise, together with the news that they have state forest access to get into Hartog....That would justify the mad rush to get in.
CAPITAL RAISE STORY, page-15
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Last
$1.53 |
Change
-0.015(0.97%) |
Mkt cap ! $593.2M | |||
| Open | High | Low | Value | Volume |
| $1.55 | $1.58 | $1.49 | $4.605M | 3.007M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 53590 | $1.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.53 | 26932 | 2 |
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