I reckon it’s because the share price was ramped up with lots of great news before doing the credit raise and that’s a good thing as big investors paid top money for shares, setting a higher baseline upon which the share price will grow with more great news anticipated. I reckon the share price just slumped because some took profits and dilution from credit raise. Seems like a good opportunity to top up !! DYOR
Ann: Blackstone Share Purchase Plan Oversubscribed, page-6
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