Looks like the bigger the raise more chance of SP going much...

  1. 151 Posts.
    lightbulb Created with Sketch. 39
    Looks like the bigger the raise more chance of SP going much higher ? Looks like market likes it? It did though when GNS announced $280 M capital raise / equity investment with RCC. SP went up from 12 C to an intraday high of 25 C. If they can ensure to raise $400 M with underwriter, IMHO SP may go north of current level.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.