SLX 0.94% $4.20 silex systems limited

Is it great news that a company has been given 2 million worth...

  1. 483 Posts.
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    Is it great news that a company has been given 2 million worth of silex shares at a strike price of 4.05, around a 20 % percent lower than current price. If this follows normal activity after what is actually a capital raise, down to 4 it will go. As it is effectively a capital raise why isn't this price sensitive, or isn't it a large enough value to warrant it?
 
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1 101 $4.18
 

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$4.20 688 1
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