We need a change to the capital raising rules.
For example, shares remain in a trading halt until the institutional placement is complete.
Why not keep the trading halt until the RETAIL placement is complete.
In the case of BLY it would have remained in a trading halt until tomorrow with the closing sp of 44c
Shareholders would have been very happy to buy at 27c in the raising and take their chances when trading resumed.
I think the current system is not fair and with all the capital raising that have been done lately. It seems like robbery.
We need a change to the capital raising rules.For example,...
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