Irrespective if the CR price was already set at $5 (which I believe it would have been) we would have retraced to this price post the raise announcement anyway.I think the price running up past $8 (after the raise price was already set) caught all unawares - unfortunately it allowed someone aware of the raise (not the company) to capitalise.
We are where we are - the company is now well funded to accelerate the path to commercialisation and I think this will be a short-term blip on the radar.
Ann: Equity Raising Investor Presentation, page-190
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Last
$2.33 |
Change
-0.070(2.92%) |
Mkt cap ! $440.1M | |||
| Open | High | Low | Value | Volume |
| $2.39 | $2.39 | $2.30 | $1.157M | 496.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 19191 | $2.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.34 | 2874 | 1 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| WBT (ASX) Chart |