This stock has had some positive momentum of late which is good. I dislike capital raisings that interrupt such momentum when all things 'good' seem to be happening. The question is will it be a drawn out retail raising following on from an institutional one? To me the best outcome, in the hope of keeping the positive momentum alive, is for a quick book build to institutions; however, I only approve of this if the target acquisition is dirt cheap so we all benefit in the long run.
cheers...
cazzex
YBR Price at posting:
73.0¢ Sentiment: Hold Disclosure: Held