AUO austral coal limited

the shape of the chart is intriguing, page-2

  1. 600 Posts.
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    re: the shape of the chart is intriguing [email protected] Because of the risk these sophisticatred investors may look to dispose quickly for a quick profit. Probably already ofsetting today. 56c-48c = 8c - a good return in a few days I'd think.

    "Directors today announced a capital raising of $14.549 million through the placement of 30,311,045 fully paid ordinary shares to existing institutional and new professional investors at an issue price of $0.48 per share. The placement will be settled on Thursday 13 January 2005."
 
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