Indeed nice for those holding to see some aggressive buying after it some very stagnant trading the last few weeks.
I'll play devils advocate here and say that COI will maybe use this recent push up in share price + maybe some increased hype and volume from entering FEED which is expected by holders this week or next week to do a smallish CR given the timeline seems to keep being pushed for any corporate action. In this case I would wonder the connection between the recent pushing up of the share price on no news and the firm who builds the book for the cap raise.
Interesting times.
COI Price at posting:
16.5¢ Sentiment: None Disclosure: Not Held
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