Yes... although your prediction was about as bold as predicting the sun will rise. After all, a CR price is basically a statement from the board that "this is how we believe our shares will have to be priced in order to attract significant investment".
There are not many shares that don't rapidly dip to the issue price whenever capital is raised.
Another Capital Raise, page-48
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Last
$1.89 |
Change
0.035(1.89%) |
Mkt cap ! $363.7M | |||
| Open | High | Low | Value | Volume |
| $1.80 | $1.90 | $1.77 | $964.4K | 521.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2186 | $1.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.89 | 13228 | 1 |
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| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| EOS (ASX) Chart |