Correct me if I am wrong, but the usual course of action for institutional holders ( only those who wish to book short term profits ) in raisings like these is to borrow shares and short sell them yesterday knowing that they will replace sold shares with capital raising ones. That is why the trading halts don't come off until instos know exactly how many shares they have taken up. I would tend to agree with P Beast as 25% profit in one day is hard to resist doesn't matter who you are. Nothing to stop us guys from doing it as well.
TEN Price at posting:
24.5¢ Sentiment: LT Buy Disclosure: Held
