URL 0.00% 13.5¢ universal resources limited

I'm guessing its yr stock standard cap raising.I hope I'm wrong...

  1. 201 Posts.
    I'm guessing its yr stock standard cap raising.I hope I'm wrong but lots of cap raisings of late have been preceded by a run up in the sp to get the vwap up a bit and it usually is over a five day period....as for the volume well the traders were all over it moving millions of shares daily on the rumours,its not unusual for a trader to buy and sell a couple of million once or twice daily creating massive turnover.....once again I hope I am wrong as I still have a large position,but if I'm right expect to see a cap raising between 2&3 cents....ouch!
 
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