HDG 0.00% 1.0¢ hodges resources limited

Hi guys, can anyone share their knowledge on this one. I thought...

  1. 75 Posts.
    Hi guys, can anyone share their knowledge on this one. I thought that when a company was raising some capital usually a t a discounted price, then the SP would stay around that price for a while (i.e $0.32) but with HDG, the stock just took off. Not sure I understand why.

    Thanks
 
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Currently unlisted public company.

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