Does anyone know if the instutions have restrictions on them for the buys ins time wise before sells ? e.g. what stops an inst. dumping stock at $1.20 when it bought at $1 ?
Existing shareholders get stock dilution which i assume is compensated by the cheaper rights issue, but if the wholesale market can buy in and sell, it doesn't seem like a good deal for shareholders ?
(this makes sense only if the inst. are responsible for the price drop)
Remember it got back to $1.49 post rights issue announcement.
why is this stock hammered?, page-4
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