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0.00% 4.6¢ altech batteries ltd

Ann: Altech - Mezzanine Finance Proceeds to Next Stage, page-21

  1. jackofalltrades
    1,517 Posts.
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    20/02/19
    12:34
    Post #: 37499297
    No. Fab is correct.  Prior to CR’s the share price is often manipulated higher so the VWAP is higher thus providing a higher discounted offer price for the raising. Companies want to raise as much coin as they can for as little dilution as possible. 
    ATC Price at posting: 10.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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