Tritech: Share price could see some weakness, after co. proposed a placement of 22M shares at $0.27, representing a 19.9% discount to current prices. Shares will represent 8.5% of the enlarged issued share captal after placement and will be used for working capital and business expansions into non-water related business...
Technically, stochastics pointing to overbought territory. See near term support at $0.31 (50 day MA)
No comments:
Post a Comment