Looks positive, if the price is 26c as mentioned this gives it a nice floor.
I agree as some mentioned when instos like this jump in often results in a push higher in short to medium term. They need to push the stock for the clients they got into it.
It will also depend on how they deploy this capital. I would like to see an update on overseas expansion upon re listing and general further explanation.
- Forums
- ASX - By Stock
- IMS
- capital raising
capital raising, page-24
-
- There are more pages in this discussion • 33 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)