Some news should be out by now. Hopefully something good. Good things do take time I suppose.
Question I ask is if say average cap raising is t say 0.3c and there is a clear cut plan to return the company to profitability, where will the share price be on opening. Will it drop due to dilution or will it hold due to news being really good.
My guess is that if cap raising price is 0.3c then price should drop to 0.4-0.5, but depending on whether there is other news such as a plan given as well, where the news is really good, I'd have to give a wide range between 0.3-0.8 for the days trading.
- Forums
- ASX - By Stock
- AXM
- still waiting - hopefully good
still waiting - hopefully good
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)