KDY 0.00% 2.7¢ kaddy limited

Wrong, they are institutional investors who invested at at a 17%...

  1. 791 Posts.
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    Wrong, they are institutional investors who invested at at a 17% discount to the 5-day weighted average price at the time.

    Do you think there would be the same level of investor enthusiasm if the raise was done at 5.5 when it was trading at 5.6 on the market?
 
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