Private placement above market - - bullish
This news feels bullish to me because it's "above-market."
I'm curious to hear the views of others?
Fyi... if you type in the following question to google:
Are private placements above current share price bullish or bearish?
You'll get an AI generated response that reads:
A private placement priced above the current share price is generally considered bullish because it signals that investors are willing to pay a premium for the company's shares, potentially indicating positive future prospects and confidence in the company's growth potential; however, it's important to consider the specific details of the placement and the overall market context to fully assess its impact.