Rights issue and placement price was less than I thought at 30 cents.
Nevertheless I don't understand the sell down on what is a great coking coal story unfolding. Took the opportunity to pick up some more which will be cum rights after the general meeting I presume.
I don't expect it to be down here for much longer when funds you assume would have been in the know were pushing it up to 43 cents just before its suspension.
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