Insightful reply Chumpinator and I fully agree with the points you have made. This is the second time That ridiculous capital raisings (low compared to current value) have taken the share price and dropped it to below what the capital raising sell price was. I wonder if Damon Neaves is getting some aggravated phone calls from the Brokers that he offered this great deal to. Im in at 5% less than the offer price due to previous holdings but Id be surely annoyed if id taken up this great investment @ .63.
why is the price going down?, page-14
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Last
0.6¢ |
Change
-0.001(7.69%) |
Mkt cap ! $16.85M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.6¢ | $6.861K | 1.143M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 7758469 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 6756480 | 14 |
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| HHR (ASX) Chart |