the company might like to get a capital raising under way, at these prices. trouble is, it would to convince institutions, that it is a company of substance. it is one thing to have speculators pumping the stock, but fund managers might be less inclined.
i seem to recall in the good old days, and from my reading, that a company, would make placements, but that prior to making a placement, the intended recipients had already sold - a win win situation for the company, and the recipient, but not for the person who bought the shares
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