You may have predicted 8c or so which is fine and not completely unlikely given the circumstances. However, don’t be holding a crown above your head for doing so because after a cap raise as recently performed, this is more common than not.
Also the fact that the allocated shares were to large institutions I would see this as a positive once released being that they would be the type to hold on such a positive stock as RNU.
Ann: Successful $15M Institutional Capital Raising, page-181
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