The capital raise was fully subscribed very quickly, if that makes you feel any better. I was still doing research on the company when it closed. Not like Wiluna, where the offer has been open for days with a bigger discount.
Presumably the share price will drop to around 0.066. If it doesn't go lower I'd consider that bullish. If it drops below about 0.064, that's when I'd start to worry if I was a holder.
Ann: Trading Halt, page-51
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Mkt cap ! $28.55M | |||
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