ThinkinLoudly: I would say there are some key reasons for a 50-60% capped increase from recent VWAP:
1. CR needed
2. Alotment of shares to Range at 1 cent could imply CR will be ~1 cent - if not, how can they offer Range 1 cent??
3. Not a commercial discovery yet
4. Significant dilution occuring
5. Management appears to have little skin in this
Whilst these key points hang over CTR the only SP movement will be down.
is this a classic pump and dump?, page-70
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