This happens very frequently.Suppose there is always two sides to s story. For longer term holders you would assume pre cap raise pump a good thing, means raising at a higher price, hence less dilution. There are companies out there begging for a pre-cap pump. Ones that are struggling to get anywhere near full take up.
Ones that get burnt are usually the traders without the inside knowledge.Has happened to me. I would guess raise will be somewhat less than closing price today.
up up and away, page-35
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Last
17.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $34.22M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.0¢ | 17.0¢ | $1.18K | 6.944K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 750 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 29566 | 2 |
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| CSS (ASX) Chart |