Hi All,
Just wondering if anyone has any clues on the breakdown between the Institutional Investor double down guys and the new and existing investors in the lastest share deal/cash flow raising. I believe settlement for the new shares was flagged for today (24/06/2019) on Domacoms ASX announcement. IMO we should therefore get a handle on the breakdown post Domacoms ASX next announcement re settlement on this deal either today or tom.
The strike price of the new issue as I recall was about 9 cents ( last week when spot was trading around 11.5c) , so Im guessing at spot a few minutes ago at 9.6 cents,( IMO), its not much of a discount for the newbies and existing holders as most of it seems to evaporated over the last 7 days IMO.
I am wondering if the Technical Analysis people out there could profer a view and give a comment.
Hi All,Just wondering if anyone has any clues on the breakdown...
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