Ann: $7.97M share placement for expanded Exploration, page-89

Well maybe its a different breed of Bell Potter "sophs" this time, but in November the price ran up to 32 cents right before they announced cap raise of $8.4 million shares at 23 cents on 25th November and a day later the S/P was 23 cents where it generally stayed until the 3rd week of March. Issue date 3rd December. So shit does indeed happen and history often repeats. Its also the only time I remember Markie actually being correct about something. 26th November around 10:14 am from memory.

The only difference I see is they sold it down when it was announced, a week before they were issued whereas this time they haven't. In terms of material news to market not much has changed to double the market cap in a month.