Usually you find advisors will recommend that a company does a cap raise prior to any major speculative event (eg results) in the event things don't work out, so as to ensure they can definitely get capital (even if it's not needed immediately). I've seen this with many stocks I hold, especially recently due to the negative conditions in financial markets, and all have gone on to report good results. Management don't know what the results will look like, this is their advisors telling them to raise prior to the release of them
- Forums
- ASX - By Stock
- Ann: Trading Halt
Usually you find advisors will recommend that a company does a...
-
-
- There are more pages in this discussion • 228 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add IMU (ASX) to my watchlist
(20min delay)
|
|||||
Last
4.9¢ |
Change
0.001(2.08%) |
Mkt cap ! $364.4M |
Open | High | Low | Value | Volume |
4.8¢ | 5.0¢ | 4.8¢ | $458.6K | 9.378M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 1039220 | 4.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.0¢ | 5436876 | 20 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 1039220 | 0.049 |
57 | 7914687 | 0.048 |
41 | 4254383 | 0.047 |
44 | 3092200 | 0.046 |
59 | 6040180 | 0.045 |
Price($) | Vol. | No. |
---|---|---|
0.050 | 5436876 | 20 |
0.051 | 5720139 | 13 |
0.052 | 2536519 | 9 |
0.053 | 1539304 | 8 |
0.054 | 1596999 | 6 |
Last trade - 16.10pm 07/10/2024 (20 minute delay) ? |
Featured News
IMU (ASX) Chart |