I believe 2 things:
1) That the Capital Raising has not gone according to plan and they still have not hit the magic numbers and still trying to gain invested support (how do we know they are oversubscribed?) And then the Fear Of Missing Out (FOMO) kicks in and bingo (link to Frewak's Mega Lotto comment) investors panic and think it's a great buy and want in! When most of us know that we have been burnt before with this stock.
2) Because of point 1, they will string it out (and us) until right up to the point the have to relist which is 24th March.
- Forums
- ASX - By Stock
- Who went to the EGM???
I believe 2 things:1) That the Capital Raising has not gone...
-
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
AVH
Avita boosts skin restoration product portfolio with 'dermal matrix' – a kind of next-level gauze made of fake skin
TG1
TechGen Metals kicks off airborne geophys survey at Sally Downs copper play – a first for the permit
MTL
Mantle Minerals' Nick Poll talks to HotCopper on finding gold grades up to 3.57g/t at Mt Berghaus
MND
Albemarle lithium downsize burns $200M hole in Monadelphous's pocket as latter's contracts terminated