The very question I put to management myself. COO said it was very much expansionary per the release (they are expanding CelGro production facilities) to enable them to accelerate CelGro/ATI into US/EU markets and also an opportune time with recent price rise. I think they were a bit taken aback with the price action after announcement and placement - basically they see nothing but positive developments going forward after years of ground work. The markets are very fickle/impatient of course.
J&J Partnership, page-5
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37.0¢ |
Change
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Mkt cap ! $77.45M | |||
| Open | High | Low | Value | Volume |
| 37.0¢ | 37.0¢ | 36.5¢ | $186.3K | 503.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 13513 | 36.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.0¢ | 30553 | 1 |
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| OCC (ASX) Chart |