CST 1.85% 26.5¢ castile resources ltd

capital raising, page-2

  1. 10,373 Posts.
    lightbulb Created with Sketch. 4
    well, they certainly know how to knock the ar...e from under the share price - was finally making up some lost ground till

    would appear to be tied in the the "Special" sale that was booked last Friday of 850.000 shares @ $1.20. In turn also the ceasing to be a substantial holder notice lodged today.

    question is tho why the raising - they had about $5.3 mio left in the bank at end of March, and "only" use about $400k per quarter?

    no doubt market will find out in due course, meanwhile will be interesting to see if the market price gravitates back toward the new issue price
 
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