I've held this stock for over two years now, so I am a little...

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Hamondo

744 Posts.

243

19/07/21

14:00

Post #: 54603486
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Originally posted by procrastinato: ↑

They just raised 9.5M, that's not just wages.

What I mean is: If you were the 'significant investors' buying into the company near long term lows, you'd want to support the share price to demonstrate confidence and thereby increase your own chances of a return? Discounts are for when cap raises follow a sharp uptick in share price, i.e. the valuation has arguably gotten ahead of value.

Conversely, raising at a discount to a low triggers the very response you've written.

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I've held this stock for over two years now, so I am a little bitter at where the current SP is. Don't listen too much to me.

AML Price at posting: 6.5¢ Sentiment: None Disclosure: Held
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I've held this stock for over two years now, so I am a little...

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