I would have it a good guess that the trial will start within the next week if not already and there will be an announcement referring to it before the rights issue closes.
Something will have been orchestrated to take place before the rights issue closes to ensure maximum take up as it will no doubt bolster the share price and make the rights issue too attractive not to participate. If I remember correctly when the last rights issue at 5cents closed the share price was close to 10cents and made it a must to participate.
This is only my uneducated guess
Lets see what pans out in the near future.
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$11.76 |
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 420 | $11.75 |
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Price($) | Vol. | No. |
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View Market Depth
No. | Vol. | Price($) |
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1 | 420 | 11.750 |
1 | 269 | 11.650 |
1 | 500 | 11.600 |
1 | 52 | 11.370 |
1 | 2 | 11.260 |
Price($) | Vol. | No. |
---|---|---|
11.850 | 2000 | 1 |
12.010 | 1196 | 1 |
12.400 | 198 | 1 |
12.850 | 1000 | 1 |
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