The other crappy $20M raise only 7 months prior in Dec should have been done the same way
this CR pissed me off, after i have been watching ARU for nearly 9 months and knowing they still had $62m (in the bank, i think) so I decided to take a small position to start with.. then I was scratching my head why $20m when there were $62 in the bank.
The positive side was I was able to accumulate my remaining position below 14c ...
I am sure everyone here would think that shitty December $20m CR was perhaps unnecessary or should it just go for $50m. Do it in one hit..
Lesson to learn is.. all the stocks in ASX are the same.. just make sure take the profit a long the way.. you can always buy back tomorrow... perhaps at cheaper price.
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Price($) | Vol. | No. |
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47 | 2589470 | 0.130 |
29 | 2030062 | 0.125 |
42 | 1881934 | 0.120 |
18 | 817754 | 0.115 |
Price($) | Vol. | No. |
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