CHK raised at 1.3c
Nah. CHK was trading between 1.8 and 2.4c in the days before the private placement announcement. After halt was lifted it reached a high of 3.4c (2 days ago) and has drifted now back to 2.4c. So other than the short-term spike it really hasn't done a lot at all.
Share price will often come back to placement price but it does depend on associated news, how large the placement is, and what terms.
Ann: Trading Halt, page-84
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