I wouldn't buy DUO now
I would wait, once it has been consolidated I will be buying whilst the instos are pushing it down
Key will be get set as close to their average as possible, then watch it double like GAL as there should be hardly any retail overhang until much higher prices
Unless they do the right thing and announce the placement immediately the day after the consol which would be fair. In that case the cheapest the sophs would get it is 0.4c, meaning the cheapest you can buy yourself is 0.5c - they would then redeem themselves somewhat
It is if they let it trade for a week or 2 post consol whilst it's obvious it's being screwed, then that is final straw
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Ann: Entitlement Offer and Notice of Meeting, page-115
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