So many red candlesticks has to be more than retail when the news has been so positive of late.
Unless there is so much distrust amongst old SPP investors ... which there might be under 3.4c - obviously!
On 14 February 2022, Taruga Minerals Limited (ACN 153 868 789) (Taruga or the Company) announced that it had successfully completed and received firm commitments for a placement of up to 58,823,530 fully paid ordinary shares (Shares) at a price of $0.034 per Share to sophisticated, institutional and professional investors, raising up to $2,000,000 (Placement).
There's your road-block at 3.4c and the reason for most of those red candlesticks I expect.
The litmus test will be old "007" ... he'll be "in the know" ... still waiting for that significant shareholder notice! Who bought those 2.8's?
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