IG6
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0.00% 8.8¢ international graphite limited

Ann: Successful $3M Placement & launch of SPP Offer, page-12

  1. Surandy70
    11,049 Posts.
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    25/04/24
    12:05
    Post #: 73509928
    That is standard for capital raisings. The price very typically drops to around the raising price, generally people sell their shares to fund purchases of more shares at a lower price via the raising.

    Also, new buyers are less prepared to buy above the raising price knowing the above.
    IG6 Price at posting: 13.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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