After a capital raise, most companies' share price will slide back to the CR price or lower and sit there for awhile before taking a leg up. Part of this is those that bought in at the CR making a quick buck and then letting the share price slide back to CR prices where they can load up again or walk away with a small profit. What we're seeing with the current price action is not uncommon, we'll probably have a short while stagnating at these levels before this becomes the floor price and we lift up from here.
Ann: Celsius Completes A$3.4 Million Equity Raising, page-47
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Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $29.13M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.2¢ | $23.60K | 1.967M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 9839202 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 66203 | 1 |
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| Last trade - 14.13pm 09/09/2024 (20 minute delay) ? |
| CLA (ASX) Chart |