RE: Hippy Crack?12 Jul 2021 13:13
mick-b,
It is a very popular share; too much and sustained demand can keep a share over priced for a long time. I
f management believe the share price in any company that will need funding is overpriced they should take advantage whilst the share is popular to raise funds so as to keep dilution to existing shareholders at a minimum. Matt Levine [Bloomberg opinionist] regularly points out the benefit of undertaking placings when prices are high in his sarcastic emails].