Prior to the last cap raise it seemed the share price was maintained higher so the raise was done at a palatable level. The mention by Iggy of another cap raise seems to have convinced people to sell in hope of buying back at reduced cap raise prices. Firstly, a cap raise isn't definitely happening (I think). Secondly, it seems to me that it's possible that prior to a cap raise and without forward notice the sp could be brought up and maintained at a higher level to reduce dilution.
SP Predictions once Finance is closed, page-11
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Last
4.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $78.68M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12500 | 4.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.3¢ | 29558 | 3 |
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