The placement seems like a strong endorsement to me. Some sophisticated investors were obviously impressed enough with the story to back it.
Ann: KALiNA Completes Successful AU$3.2 Million Placement, page-6
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Mkt cap ! $32.32M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 4163241 | 1.3¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 500000 | 2 |
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