IPT 6.25% 1.7¢ impact minerals limited

my guess peraps with the drop. someone sold off that knows a cap...

  1. 179 Posts.
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    my guess peraps with the drop. someone sold off that knows a cap raise is occuring, if IPT has not changed internal processess and strategies....good "news" (genereally Dr Mikes fairytales) is followed by cap raising. now, with the asx breach it has restricting new shares without share holder approval, i dare say we will see a general meeting with a vote for cap raise per point 1.

    hope its not the case, they cant be that stupid....

    or it could be institutional inv verifying yesterday's announcement and dropping the price ready to buy in slowly.

    who knows.

    https://hotcopper.com.au/data/attachments/5366/5366831-4f08bef5975c71d503eece5bd9537f9a.jpg
 
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1.6¢ 1.7¢ 1.6¢ $44.56K 2.710M

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5 1550026 1.6¢
 

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Price($) Vol. No.
1.7¢ 3938964 5
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