IPD 1.69% 5.8¢ impedimed limited

Price drop since capital raise at 15 cents ??

  1. 193 Posts.
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    I was recently recommended this stock by a very savvy investor friend, I like what I see, and I am a contrarian investor, but I am stumped as to the drop in value from the capital raise. I have looked back over the various announcments and I just cannot find any logical reason for the drop in value, could someone who has followed IPD for sometime enlighten me, so I can make a more informed decision. Thank you.
 
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