If a company had a capital raise at say 5% discount to the current price and shorters hit it, then what was a 5% discount turns into a premium price.
Why would anyone invest their money at a premium?
It ends up hurting the company.
If a company had a capital raise at say 5% discount to the...
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Last
74.5¢ |
Change
-0.020(2.61%) |
Mkt cap ! $134.9M | |||
| Open | High | Low | Value | Volume |
| 75.5¢ | 76.5¢ | 73.0¢ | $315.9K | 426.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 133510 | 74.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 75.0¢ | 14134 | 10 |
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| ASM (ASX) Chart |