Capital raisings are not kind to stocks in the short term that's for sure.
I think there were rumblings of such a situation a week or two ago....when the SP dropped from around 0.043, to 0.033 (ouch!)
But after todays announcement we have seen the SP back up to 0.038.
We'll soon see I guess.
Go figure.
RCH
richfield group limited
Capital raisings are not kind to stocks in the short term that's...
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