These blokes (management) know exactly what their doing IMO.
Probably surprised at the size of the retrace but they'd know the rough timing and market response to coming announcements.
I'd hazzard a guess that's why the retail offer is open until 14th January.
We'll see a major catalyst prior to then I reckon, Particularly with the wording of the placement criteria.
They ain't no mugs.
Obviously just my opinion.
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Last
97.0¢ |
Change
-0.015(1.52%) |
Mkt cap ! $2.388B | |||
| Open | High | Low | Value | Volume |
| 98.5¢ | 98.5¢ | 96.0¢ | $3.710M | 3.810M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 26588 | 97.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 97.5¢ | 231900 | 39 |
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| LTR (ASX) Chart |