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.
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Change
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Mkt cap ! $21.43M |
Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
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44 | 41211198 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.002 | 72760902 | 45 |
0.003 | 31953006 | 27 |
0.004 | 32701341 | 20 |
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