Actually I have a different theory which I have seen on another stock recently.
I believe everyone will get their fill, & as opposed to raising $3m, they may raise $6m, more possibly & just allot more shares.
Now I haven't gone through the docs properly, but if there is a definite "we won't go beyond $3m", then fair enough but if there isn't, then I reckon this may happen.
Just a thought.
draining the swamp..., page-2
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$2.29 |
Change
-0.060(2.55%) |
Mkt cap ! $432.6M | |||
| Open | High | Low | Value | Volume |
| $2.36 | $2.36 | $2.29 | $1.381M | 595.9K |
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| No. | Vol. | Price($) |
|---|---|---|
| 6 | 32744 | $2.29 |
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