I understand your point of view, but the positive is that it’s quick, fast, done. It’s telling that the price jumped on the news. The problem with raisings for the punters is that it takes time to get the letters out, the acceptances in etc. This was over in two days.
It’s early days (and could vanish tomorrow) but an 8% jump says that maybe they did the right thing.
PIQ Price at posting:
59.5¢ Sentiment: None Disclosure: Held
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