Looking at the ASX this morning I can see 8 separate capital raisings taking place almost all in the small end of town
Looking at the ASX this morning I can see 8 separate capital raisings taking place almost all in the small end of town. Whilst most of these raisings are going through for modest amounts and at substantial discounts I think the fact that there is some risk capital starting to emerge is a positive sign for the market. I expect to see more of this activity in the coming months before things go quiet over Christmas.
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