Do agree with Teddy on this one. Usually post a capital raising there is chance for weak hands to sell off in early trading. This is usually done to realise a quick profit, and doesn't reprsent a.) the quality of the annoucement or b.) the true value of the stock. Check the market depth of AEB post 2 hours of trading, it has cleaned up nicely after the pillage that occured this morining. ALOT of panic selling this morning, which is disappointing, but not surprising, just provides new investors a much more attractive entry price.
DYOR
AEB Price at posting:
3.9¢ Sentiment: Buy Disclosure: Not Held