Share price movements for last cap raising @42c
Announced on 13/03/2014, similar reaction, hit low but closed high.
13/03/2014 0.475 0.480 0.450 0.480
14/03/2014 0.490 0.510 0.480 0.500 3,107,913
17/03/2014 0.510 0.545 0.500 0.510 2,560,591
18/03/2014 0.535 0.547 0.525 0.545 2,977,701
19/03/2014 0.560 0.595 0.560 0.575 5,026,491
20/03/2014 0.575 0.580 0.545 0.545 2,339,804
On 20/3/2014, new issued shares hit the market, sp slightly retraced, but still 29.7% higher than the issue price.
I guess sp will be on mid of 70c next week.
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