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
- Forums
- ASX - By Stock
- LNU
- HEADS UP!
HEADS UP!, page-54
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LNU (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.09M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
LNU (ASX) Chart |
Day chart unavailable