look at the history of most companies that have had capital raises, especially significant capital. 3 months period following the raise announcement there is generally a significant SP appreciation. Now whether this sp movement can be sustained or not is a separate issue as sentiment is the key driver and that builds on the state of the economy and company progress. However I do guarantee that this will rise to enable justification and for resolutions at agm to pass.
SPT Price at posting:
$1.44 Sentiment: Hold Disclosure: Held
