every other cap raise has just been an App3B flicked out the back door to the ASX on the run.
So either this is actually a good cap raise - ie. the shares are going to someone/entity who will hold them unlike the last 30 cap raises where they have been sold on market or mgmt were bored and thought a trading halt would be fun.
Although the run up recently felt very much like a typical Pattersons inflating the tyres of a company before a cap raise.
Lets wait and see which way this falls.
trading_halt, page-4
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