5GG
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14.6% 4.7¢ pentanet limited

Many small cap companies will wait for some big announcement and...

  1. n8th8n
    480 Posts.
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    21/03/24
    11:22
    Post #: 72991490
    Many small cap companies will wait for some big announcement and a price rise before doing a dilution. The timing of this is in line with that strategy.

    once they have their money, there is no extra incentive to pump the price.

    The price normally settles at price they offer the stolen shares at.
    5GG Price at posting: 8.2¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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4.7¢ 		Change
0.006(14.6%) 		Mkt cap ! $20.35M
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4.7¢ 17280 4
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