LNU 0.00% 0.2¢ linius technologies limited

HEADS UP!, page-54

  1. 37,911 Posts.
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    83 million new shares were issued today and, as is the norm, some of the subscribers (who were hoping for a short term profit) will sell

    its normal for the share price to fall at least 10% below the placement price when there is not enough buying demand

    1st bottom is 10.5 cents

    if the placement has many short-term sellers, then it will easily fall to 10.0

    the raising was done by CPS thus i personally think it should possibly have lots of loose hands
    Last edited by ddzx: 02/03/18
 
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