Yep, finance theory and (dodgy) empirical studies say markets shouldn't be this easily predictable, but at this end, at settlement and allotment dates, stock often gets sold down to the issue price on profit taking. I am not surprised by the move. That I just bought at the $0.185 price however, I am surprised.
Ann: Cynata secures commitments for $8.1m institutional placement, page-57
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