Company successfully raised $30million dollars at a much higher price than now.
If anything the raise is looking better and better by the day. Some unhappy retail who bought too high or have less patience are upset. It happens every day on the ASX.
Main thing is since the SP has fallen so quickly the raise in Heinz sight has not been bad. If the CR was done at such a cheap price the market would have rebounding the SP back quickly. That has not happened.
Maybe folks should maybe see how the next 6 months goes rather than making such brash calls based on not much. Patience is required as it is on all other stocks.
LRV Price at posting:
43.0¢ Sentiment: Buy Disclosure: Not Held
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