Huge Capital raising @264 is certainly big considering the fact that stock was 260 level on 30th APRIL. From the list submitted, allottees are many. Then why the stock is not galloping ? Why retail investors are not flocking to this sound business model but are running after dud companies with astronomical PE ratios? What happened to common sense? None the less I have started acquiring in small amounts.
Only caveat is that 25% is payable on allotment of warrants. And on CCD there is no clarification regarding payment on allotment.
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