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20/04/16
09:55
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Originally posted by KoolKat
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as predicted a 3 cent raising. should by rights now open at 3 cents. why would you want to pay anymore when everyone else is paying 3 cents. there will be a load of shares to sell when these people receive their shares at 3 cents and want too make a 20 or 30 percent profit. will drift back to 3 cents and remain there IMO. no news for a while now so before all this goes through its 3 cents for a while. why is it always a capital raising to stop the momentum. unbelievable. they should have just raised the 2 million first and a rights issue later when price couldve gone up
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A heap of new drill results are due in the next few days or week, I think this will have a far greater influence on the SP.