Ann: Taruga Raises up to $2m to drive Exploration Activities, page-12

There is no rhyme nor reason to human behaviour.
Fact is that share prices usually retrace to their placement price and sometimes below - tThe company is not Robinson Crusoe in this respect.
Why wouldn't a placee who was scaled back on their placement bid for the stock at a price below placement?
Go figure. I will, but at a time of my choosing.
Markets are jittery and if people want to sell lower, I'll decide when I part with my hard earned to buy their stock.
One of us will be correct.
However, I am well aware of the fact that I am not bigger than the market.
There are many potential catalysts for TAR - assays, ministerial approval, etc. and it's possible the stock will be trading at double current prices this time next week.
Is it likely to happen? I doubt it.
Is it possible? Definitely.
GLTAH.