Mickeedee,
I get your point, but saying we had the ability to get on board 2.30-2.40 when the share price was that low with the contracts not being signed in 2017 as originally forecasted, is a different proposition to getting on board at $2.90 with the contract locked in and done. There is a completely different level of risk attached to those trades.
I will back up the truck if we open at 2.90 and stay there despite the contracts being signed and being preferred bidder on others, BUT depending on the terms of the share issue. If its a big raising at a big discount to a non-strategic investor I would think this would place some downward pressure on the SP at least in the short term.
We shall see Monday.
Capital Raising, page-16
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$1.13 |
Change
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Mkt cap ! $271.0M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 25499 | $1.13 |
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| Price($) | Vol. | No. |
|---|---|---|
| $1.15 | 7304 | 1 |
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