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Powerlong share price suffered a minor crash and lost 10% today and closed at $5.40 . This fall in share price came after news of a 146.5 Mil share placing at $5.40.
The total number of shares issued was 3,997 Million + 146.5 Mil placed now = 4,143.5 Million ( new total.).
This is about 3.54% increase in total number of shares .
I believe such increase is nothing to cause loss of sleep for investors.
The total number of shares issued was 3,997 Million + 146.5 Mil placed now = 4,143.5 Million ( new total.).
This is about 3.54% increase in total number of shares .
I believe such increase is nothing to cause loss of sleep for investors.