IMHO it's because the goal of achieving a lower price for the Capital Raise has been achieved, so no need to hold back!
An analogy, a precurser to a Capital raise is a bit like checking with the bank that you can get a loan for a property purchase, but in the stock market the one/s asked &/or arranging the Capital Raise don't just operate in one side of the market/on one side of the trade!
Ann: Proposed issue of securities - FLT, page-32
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$20.04 |
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Mkt cap ! $4.428B | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 1 | 10 | $20.01 |
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| Price($) | Vol. | No. |
|---|---|---|
| $20.04 | 4718 | 4 |
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