Ann: Share Purchase Plan Oversubscribed, page-117

Common name me one company after a raise wake up one day later and raise again 4 weeks later. Dumbest thing I’ve heard please


Maybe not 4 weeks later, but how about 10 weeks later? HotCopper's number one stock SYA (Sayona) did it 10 weeks later.

On 23rd August 2021, they announced that they have received $68 million in share purchase plan applications. They decided to refund $48 million and keep $20 million from the SPP.
Ten weeks later on the 4th of November 2021, they turn around and say, actually, we are doing a $25 million rights issue now.