NRR 0.00% 5.6¢ naracoota resources limited

Capital Raise likely to be oversubscribed, page-11

  1. 2,167 Posts.
    This selling makes no sense. The only thing I can think is that those who didn't do their research prior are finding the 3.1c price now as a shock to them.

    Probably also think they can sell now and buy back at 3.1 through the offer...

    There was almost no supply in the 4's and 5's now there is loads pouring in since the  last announcement where 3.1c was in bold so even the lazy ones would see it that time...

    What are your thoughts @possum2 ?
 
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