Frustrating to see the MOD price continue to erode (granted, on small vols), even as Cu enjoys a rare moment in the sun.
Assume it’s due to uncertainty and fear surrounding the raise. So often the anticipation of a CR causes more damage to the shareprice than dilution itself. Mgmt really need to give some comfort to the market in this respect. And ASAP
Ann: Admission to Trading on the London Stock Exchange, page-69
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