noticed impact of cr on some other stocks in last year was initial downward momentum to match cap raising price and then slowly rises to exactly 100% of cr price
examples were pen which slowly broke above 3c and then cap raising at 3c and yes fell back to 2.9c and then doubled to 6c and now 4.6c. everyone in at cr takes profits at 100% mark
kzl back to cr of 67c and then a few rises to $1.20 approx and then another mates raising at 80c and yes fell back to 80c and then rises again. now 94c. pure dilution but paid off debt and paid directors
there are other examples but a useful rule of thumb.
in old bullish days a successful cr was a positive.
will be interesting to see way it all unfolds with nwe which is one to accumulate
NWE Price at posting:
3.1¢ Sentiment: None Disclosure: Not Held
