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Ann: Trading Halt, page-94

  1. curlednoodles
    1,428 Posts.
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    16/02/21
    09:47
    Post #: 51020465
    I guess theyre striking while the iron is hot. The SP has had a meteoric rise this past week off the back off large insto investment and a massive push on social media. Announce a cap raise at this point means they can ask a much higher SPP price than say 2 weeks ago. I dont like further share dilution, but if they spend the money wisely, then ok.
    IOU Price at posting: 70.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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