CXL 3.07% $1.42 calix limited

Ann: Calix announces global licence and underwritten equity raise, page-18

  1. 758 Posts.
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    I thought the same. Also, why not announce the global licence deal, then raise on the post announcement share price. The conclusion I have come to (and is alluded to by others on this forum) is that the institutions that suppprt Calix, eg Australian Super, are only willing to pay $4.55 and only after proof of of a deal, and the SP is a reflection of that. Rather than the raise following the share price.

    All IMO, please DYOR and GLTAH.
 
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