ECM east coast minerals nl

Forgive my ignorance but why is the SP moving up a possible sign...

  1. 107 Posts.
    Forgive my ignorance but why is the SP moving up a possible sign of the new shares being issued? I thought it would go down instead? Can someone explain?
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.