Post consolidation SP after an appeal win.?, page-8

Jasmac,

Haven't got a crystal ball but can speculate.
If 20c before Appeal it will go up of course on a win.
Less shares to dump by people and greater potential for long term profits after a win and a SP that it not perceived as a penny dreadful.

How much it will go up is another question.
I was in SIR when they did a consolidation. My pitiful 100,000 shares at 1.7c did a 20:1 consolidation so I ended up with 5000 shares at 34c
I remember that the price went up to 80c on the first day and over $1.20 on second or third day. Of course the price of SIR peaked at $5 two or so years later. Now this is not SIR and is not nickel sulphide either but it gives an idea of what it can do.

I expect if say 20c post consolidation and post Appeal win but pre first DSO shipment then 80c is not too high a target. But I could be wrong of course. May be higher, may be lower but certainly not lower than 20c.

Cheers