"I've also seen it countless times just after the record date of acceptance for the entitlement offer is closed."
Champ, what planet are you on? The share price is usually depressed after a record date expires and shares go ex-entitlement. That's because people can sell after the ex-date and retain their entitlement. Sheesh!
These shares were 30c only a few weeks ago. Its been the spectre of capital raising that has driven them down.
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