This cap raise successfully clears the overhang that has been...

This cap raise successfully clears the overhang that has been capping LVTs share price.

Yes, there will be some short term profit taking from instos post raise, but based on short interest increases - I believe a number have shorted pre raise and the placement will collapse their short. This removes any need for them to sell placement allocations post raise and results in less near term share price pressure than many might think.