This is where the strategy of raising capital at a significant discount with added option hurts.
An announcement like that is demonstrating fantastic progress and yet knowing the company needs money soon and is therefore likely to raise at a big discount is a disincentive to buy on market.
Ann: Anteris Completes DurAVR THV EFS Enrolment, page-4
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$18.00 |
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Mkt cap ! $342.3M | |||
| Open | High | Low | Value | Volume |
| $18.00 | $18.10 | $17.70 | $58.64K | 3.27K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 109 | $18.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.10 | 700 | 1 |
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