Great post. I was thinking the exact same thing yesterday and may explain the price drop.
You would want another great announcement if they were going to raise the full 4million. That is a lot of dilution on top of the sophisticated investors.
I'm not subscribing to my share allotment. I'm happy with my current holding at an average of 42.
Good luck all holders.
SPP, page-2
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Last
12.0¢ |
Change
-0.005(4.00%) |
Mkt cap ! $12.32M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 12.5¢ | 11.5¢ | $69.13K | 572.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 36551 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 67989 | 2 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| HCL (ASX) Chart |