The same scenario happened to CKF with cap raising to fund expansion to Europe. SP took a huge dump too. I am trying to work out if such market mechanics is normal since there is large dilution to raise capital from equity. I was holding DUE and they also took a dump when cap raising to fund a purchase. That was an experience that took a lot of time to claw back and I sold "just in time" before the launch of a takeover by another entity!
DOW Price at posting:
$5.88 Sentiment: None Disclosure: Not Held
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