ZLD 0.00% 37.0¢ zelira therapeutics limited

Ann: ZLD Successfully Completes $8.75M Oversubscribed Placement, page-32

  1. 2,694 Posts.
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    That's one way of looking at it.. maybe the had planned to, but if they had accommodated more retail investors, that may have detremented insto subscription and we could have seen a higher dilution even at a possibly lower price than the current, who knows what lead to this decision...... what I do know is that being oversubscribed by isntos is not really a bearish signal for a CR, I imagine we will see some retrace but no more than the consolidation happening at the time and that's not taking into consideration of anticipated announcements.

    hope you get a good entry, rockets can move quick
    Last edited by BullishTrends: 04/08/20
 
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