The prospect of a Capital Raising has been known for ages, the traders and investors in for a quick buck would have sold in the lead up to the raising and the remnants would have been flushed out on open.
The company got sufficient support from instos, good enough for me... there is more certainty regarding the future of the company and the implementation of its plans. I bought in the morning and added just a couple of minutes ago. If the project now has full go ahead, then I figure these prices are a bargain.
GBG Price at posting:
78.5¢ Sentiment: Buy Disclosure: Held