Currently sitting 20% above the cap raise price and everyone's complaining. Geez plenty of cap raises result in share prices being lower than the raise price.
The company had no cash, they raised and it looks as though that was well received by the market. Also renegotiated their debt a couple of weeks back, so they are sitting in a decent spot now compared to where this company was even a few months ago.
People need to have realistic expectations about where this company is at and where it could go and by when. If you think your going to make 10 bags in a week just because hand sanitiser maybe your being a little bit unrealistic.
- Forums
- ASX - By Stock
- Ann: WNB raises $1.3 million in Placement & SPP Announcement
Currently sitting 20% above the cap raise price and everyone's...
-
-
- There are more pages in this discussion • 120 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
CC9
Chariot Corporation (ASX:CC9) refines Black Mountain strategy, launching Pilot Mine to seize U.S. lithium opportunity
NEWS
Breakthrough programs slash healthcare events, driving a significant A$1.8M+ annual revenue boost