capital raising???
On Friday, Sydneysider posted that he heard DJ Carmichael were marketing TOX to their institutional clients. Then Flexy posted that they had in fact been one of the biggest sellers of the stock recently. If you put those two together, and if, in fact, they are both correct, is it possible that TOX could be organising a cap. raising, possibly to fund expansion?? Afterall, it would make sense for DJ's clients to be selling if they are going to be getting stock allocated at a lower price.
Or is this just over analysing a couple of posts??
TOX Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held