CAH 0.00% $1.71 catalpa resources limited

Ann: Catalpa Launches Equity Capital Raising , page-17

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  1. 1,366 Posts.
    As an outsider looking in and having observed this stock closely---> (i quite liked it and almost enetered a few times) this leaves a bad taste in my mouth.

    Why?

    - It's not money that they necessarily needed badly.
    - It has been done with the stock at a low (in terms of price). Not only done at a time when the stock is at a 4-5 month low, but also at a 10% discount.

    Meh......
 
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