What a great day, a strong raise by the company at 42.5c (still...

What a great day, a strong raise by the company at 42.5c (still very low SOI and cash in the bank now) and we close at 50c on solid volume.
Zero sign at any stage of retracing to or below the cap raise price.

I'm not sure if there were people expecting to snap up shares at or below the cap raise price however the raise was significantly oversubscribed and there were large scale backs across the brokers involved.

I like the kicker for holders and the oppies, providing incentive to hold at current levels.

No reason to sit on the sideline now, this one could well take off, again, in the next few weeks.

GLTAH