GXY
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0.00% $5.28 galaxy resources limited

what are the chances of a capital raising?, page-4

  1. Zeeshan
    7,640 Posts.
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    14/02/20
    12:57
    Post #: 42934674
    EVN did a capital raise back in 2017 when they had 100 million in the bank.

    The share price went up after the capital raise was announced and never touched the price the capital was raised at. Usually all stocks go back to the price the capital is raised at. In EVN's case it went the opposite direction.
    GXY Price at posting: $1.11 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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