Perhaps this was planned for the last couple of weeks and with the recent 300% coal upgrades I am sure CTP were expecting the SP to be well above the current levels. Now after seeing the share price stagnate around the 10-11 cent mark even after such a positive announcment management have no option but to announce the Cap raising.
I have no idea what the money will be used for, however I doubt it was a spur of the moment announcement.
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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1 | 144141 | 0.052 |
2 | 472516 | 0.051 |
3 | 550000 | 0.050 |
2 | 255000 | 0.049 |
2 | 263952 | 0.048 |
Price($) | Vol. | No. |
---|---|---|
0.053 | 350046 | 1 |
0.055 | 60757 | 1 |
0.056 | 112500 | 2 |
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0.059 | 519508 | 2 |
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