Hey Gazza,
It will indeed be interesting.
Will it go like DCN... Raising at $0.30 (50% dilution), closest it got was $0.34... (now $0.38)
BGL - raising at $0.30, closest it got was $0.38 (now $0.60)
DEG - raising at $0.28 - So far, the closest it got $0.32 (now $0.37)
I am sure other posters can provide examples of stocks where it has not gone so well, but.. to date, the sector is seeing large inflows, from what I can only assume is the smart money, because... well, I think most who post on this and many other threads, know the reasons.
I am ok if they sell down to $0.185, I have an order there, just in case, but... I doubt it.
Today's moves, was I feel, just a little taste of what might come, as those that want to hold a lot more shares, are getting a little worried, they won't get their chance.
Hey Gazza,It will indeed be interesting.Will it go like DCN......
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Last
35.0¢ |
Change
0.005(1.45%) |
Mkt cap ! $2.380B | |||
| Open | High | Low | Value | Volume |
| 35.5¢ | 36.0¢ | 34.8¢ | $7.381M | 20.99M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 500592 | 35.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 35.5¢ | 479161 | 12 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| RED (ASX) Chart |