Can someone explain why the SP would go up on Monday?22 Sep 2023 20:52
"If the resolutions are not approved by Shareholders at the General Meeting, the Conditional Placing and the Retail Offer would not proceed as currently envisaged and, as such, the anticipated net proceeds of the Conditional Placing and the Retail Offer would not become available to AMTE Power."
So if not approved, we are royally fcked - the SP would tank hard. But if approved , we get the funding we need but there is further dilution as a result of the retail offer.
Could someone explain why a lot of people are expecting it to rise?