CDD 3.26% 23.8¢ cardno limited

Capital Raising, page-94

  1. 1,641 Posts.
    lightbulb Created with Sketch. 35
    Interesting to see the sp holding up the last few days. I am aware that some loaned stock is being recalled (though mine hasn't been yet...touch wood), hence covering is likely occurring. That generally equals an artificially inflated sp, which fits what we're seeing. 230m shares that cost 40c are still to hit the market so it's hard to see any other reason for buying now rather than in a week or two.

    FD
 
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