The same scenario happened to CKF with cap raising to fund expansion to Europe. SP took a huge dump too. I am trying to work out if such market mechanics is normal since there is large dilution to raise capital from equity. I was holding DUE and they also took a dump when cap raising to fund a purchase. That was an experience that took a lot of time to claw back and I sold "just in time" before the launch of a takeover by another entity!
An alternate view, page-11
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Last
$5.76 |
Change
0.050(0.88%) |
Mkt cap ! $3.626B | |||
| Open | High | Low | Value | Volume |
| $5.75 | $5.81 | $5.69 | $4.241M | 737.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11134 | $5.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.76 | 9983 | 4 |
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| Last trade - 16.10pm 07/11/2024 (20 minute delay) ? |
| DOW (ASX) Chart |
