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2.0¢ nexion group ltd

or maybe the price gets pumped up before the raise then sell it...

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rythex

694 Posts.

104

10/05/23

23:31

Post #: 67710649
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Originally posted by Maverick1975: ↑

I cant recall another ASX listed Company that has so regularly flagged equity raises, transactions which then don't launch for months. No wonder people rarely get in market and buy stock, why would you when you know a raise at a discount is coming. Its ECM 101, dont talk about a raise until you are ready to suspend a stock and launch the deal.
It is just nuts

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or maybe the price gets pumped up before the raise then sell it at the higher price?

You never know how the capital market is gonna work after funds involvement, retail traders will then have minimal impacts to the share price

NNG Price at posting: 1.6¢ Sentiment: Hold Disclosure: Held
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