Almonty Shares Plunge Amid Capital Raising Concerns

Almonty Industries is experiencing a severe sell-off as investors react to the company’s latest capital raising initiatives. The equity decline began even before the formal announcement, indicating market participants had accurately anticipated the dilutive impact of new share issuance.

Significant selling pressure emerged in advance of the company’s official confirmation regarding new security offerings. Investors moved quickly to offload positions, fearing the inevitable dilution of their existing holdings through additional share issuance. These concerns proved justified when Almonty subsequently validated market expectations through a regulatory filing known as a “Cleansing Statement,” which permits trading of newly issued shares without requiring a detailed prospectus.

The timing of this capital measure Read more...