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Ticking up on small buys
:)
10p paid
Close of Bookbuild
Ondine Biomedical Inc. (AIM: OBI), a Canadian life sciences company, is pleased to announce that, further to the announcements made on 30 November 2023 and 1 December 2023, the Bookbuild has now closed.
The Company has successfully raised approximately £2.5 million via binding participations in the Placing and the Subscription. Participants in the Placing will be contacted by Singer Capital Markets Securities Limited ("SCM") or RBC Capital Markets ("RBC", and together with SCM, the "Joint Bookrunners") as soon as practicable to confirm their allocations. A further announcement will be made in due course confirming details of the Placing.
The Company had previously announced a broker option in connection with the Fundraising, which was intended to allow other institutional investors and Relevant Persons to participate. The aggregate Fundraising had been capped at £2.5 million, but in light of the demand for the Placing and Subscription the Company intends to increase the overall Fundraising size, as commitments already received mean that there are insufficient shares to allocate to the Broker Option or to Employee Subscribers.
Further announcements will be made in due course.
Few more buys and this could breakout
Unless people are trading and see another share about to move they are going to struggle to get any decent amount. People after profit would have taken this morning as it has stabilised. Absolutely no chance will any real investor sell now as chances are they will have to buy back higher.
Can't expect it to go 10% or more each day, a steady climb to the end of the year will be lovely
Looks to have levelled out
MMs just doing what they did before the latest RNS. Keep the spread wide enough to scare people to sell a few shares but on the slip side put people off from buying due to the spread %
We know what will happen
Worth a nibble?