RAP 0.00% 20.5¢ raptor resources limited

Prospectus, page-48

Currently unlisted. Proposed listing date: 4 SEPTEMBER 2024 #
  1. 1,095 Posts.
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    I don't believe that the CR shares have gone to "weak hands". It is more likely that there has been some panic selling from ordinary holders who may not have been aware of the CR and only today have seen the announcement. Some L/T or M/T holders may have also panicked and decided to follow the herd by taking profit and possibly thinking they may be able to buy back in at a lower price. You could also have some recent holders who have bought in at around 25-30 cents and their stop losses have been hit.

    In any event there has not been a change in the Company's fundamentals so there is no real reason to panic. There is still a risk that the Company will not get FDA approval but that is the nature of the speculative end of the market and why RAP is trading in the 20-30 cent range and not in the $1.50 to $2.00 range.

    Sophisticated investors don't commit to a $12.5 million CR and then bail out within a week.
 
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Currently unlisted public company.

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