PS. Usually, the reason for a particular CR drives where the placements go such as an Asset acquisition and you want an Industry Funder on board for not only the acquisition but future CR's should they be required. Similarly, for project development both BOD and SH's like a "contributing" SH coming in or rewarded for past and ongoing support - not just a Funder that acquires cheap stock - a short term gain of immediate capital but invariably a near term dumper ...PSS. Shock horror some Industry Funds were acquiring cheaper placement scrip to "on-lend" to entities that in turn Short stocks. A great article in the Australian in November 2019 on the subject of Shorting/ manipulation market players as the particular Industry Fund(s) - named with others but to remain nameless here - provided funding knowing that the scrip on loan was to cover a short play on a Company whose employees were members of that Industry (major) Fund.
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PSS. Shock horror some Industry Funds were acquiring cheaper...
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36 | 17700713 | 0.003 |
11 | 15815000 | 0.002 |
9 | 24649999 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.006 | 4466638 | 10 |
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