I have to admit I was surprised when BSL did a capital raising at 1.55 and the shareprice held up remarkedly and still around 2.77, I expected a dramatic pullback that didn't eventuate. The only reason I can see is a level of optimism looking out about 12 months from now. I expect similar thinking with AIO, I also think it will drop, but yet again it may surprise?
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I have to admit I was surprised when BSL did a capital raising...
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