The point is they made the placement at a very good price of $4 and continued trading in the meantime.
That placement would have been made in a very short time to Institutions (a few phonecalls or emails) and there it is!
Business as usual.
Gerry
CSM raised $40.8 mill (10.2 mill shares @$4)
CSM
cosmo gold limited
cons min makes $40 mill placement, page-2
Currently unlisted. Proposed listing date: TBA