the market hasnt had the chance to value this second discovery, which looks better then the first. My guess is there will be people that missed the raise with the brokers, amongst others scrambling in to this Monday morning.
Reason for the raise now imo is the company know these results would further rerate so it enables them to look after the brokers now, and also when the price does head up, the downramper cries of "pump for a CR" will be non existent.
Even with the additional shares, this should hit $200m given it reached $80m on the one hole with a lack of cash.
The real unknown here is any further results that may come through in at the same time. If there were bad then once again highly unlikely they would be raising now for fear of burning the brokers.
Ann: Suspension from Official Quotation, page-99
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