Usually with cap raises, the sp already declines prior to the raise as those involved already know what the raise price is, which is usually at a discount. Yesterday however we saw a mad rush to get in and the sp appreciated to close to day highs, which wouldn't suggest a discounted price.
My guess it could be a $4 plus raise, together with the news that they have state forest access to get into Hartog....That would justify the mad rush to get in.
Usually with cap raises, the sp already declines prior to the...
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Last
$1.81 |
Change
-0.005(0.28%) |
Mkt cap ! $704.1M | |||
| Open | High | Low | Value | Volume |
| $1.78 | $1.86 | $1.76 | $7.489M | 4.131M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 540 | $1.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.83 | 13037 | 1 |
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| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| CHN (ASX) Chart |