IPD 4.69% 6.1¢ impedimed limited

Price drop since capital raise at 15 cents ??

  1. 186 Posts.
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    I was recently recommended this stock by a very savvy investor friend, I like what I see, and I am a contrarian investor, but I am stumped as to the drop in value from the capital raise. I have looked back over the various announcments and I just cannot find any logical reason for the drop in value, could someone who has followed IPD for sometime enlighten me, so I can make a more informed decision. Thank you.
 
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Last
6.1¢
Change
-0.003(4.69%)
Mkt cap ! $123.4M
Open High Low Value Volume
6.4¢ 6.4¢ 6.1¢ $195.2K 3.155M

Buyers (Bids)

No. Vol. Price($)
3 183833 6.1¢
 

Sellers (Offers)

Price($) Vol. No.
6.5¢ 80000 1
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Last trade - 16.10pm 30/07/2024 (20 minute delay) ?
IPD (ASX) Chart
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