Hard to see why a company would prefer a capital raising @ about 30c to a potential T/O offer of 61c. Maybe they're trying to put pressure on Hanlong to make a T/O offer prior to the meeting?
As to people selling, shareholders have been given notice of a potential capital raising. Nothing like a CR to give incentive to sell.
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$3.35 |
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Open | High | Low | Value | Volume |
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---|---|---|
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6 | 3100 | 3.370 |
11 | 4931 | 3.360 |
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3.390 | 5147 | 4 |
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