RE: raise7 May 2020 15:04
I recognise that it can often be annoying when placings are announced but lets put this into context.
The SP was below 2.25p on Monday, when they would have arranged this placing, so this was never a heavily discounted raise, it only looks this way given the sp performance this week.
The best run companies raise when there is SP strength and i think we can all look at companies that have not done that. They could have raised two weeks ago which would have been highly dilutive, so I'm not really bothered about the raise at all, as I'm taking a longer term view here.
I suspect next week this will be all forgotten.