Usually, and I have said on this stock forum, the SP will slide down to the raise price.
With shares issued today, I wonder if we'll see a little sell down this afternoon so holders can free carry a certain amount... Might see some profit taking, which is alright, everyone is entitled to that. But I wonder if we'll see it touch the actual raise price... Shares did go to existing holders which means they might be looking a bit more long term than the usual trader.
Time will tell I guess.
Ann: Update - Proposed issue of Securities - PTX, page-36
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