AGN 4.96% 74.0¢ argenica therapeutics limited

Ann: Argenica Successfully Completes $12.0m Placement, page-17

  1. 5,671 Posts.
    lightbulb Created with Sketch. 1803
    Sure ... but management is exactly that management ...

    compare these two statements ...

    The issue price represented a
    discount of 18.1% to the last traded price of $0.635 and a discount of 19.4% to the volume
    weighted average market price of the Company’s Shares on the ASX during the last 15 trading
    days prior to the Placement.


    and

    The issue price of $0.12 per Share represents a 66.67% premium to the last closing price of $0.072 prior to the Placement,
    demonstrating strong investor confidence in the Company’s future prospects and growth potential.

    (from two weeks ago)

    Which management would you prefer?
 
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