i wouldn't consider 22c a 'rocket' for starters. the current volumes are so light i consider the current circumstances as almost a trading halt by proxy.. the announcements re asic fraud investigation and recap were catalysts for most market participants to head to the sidelines to 'wait and see'.. too many are nervous re the dilution. now, the afr scenario is what you and most expect or at least fear, in terms of investing now.. i do not expect that outcome. if so, i reckon it would've been announced by now. yes there will be dilution but i think it will be sensible and take the market by surprise. in that scenario, yes we might see a rocket.. theres a lot going on on behind the scenes.. remember last may, when all the bears ended up looking like absolute tools? it's may again.. gltah
SGH Price at posting:
9.0¢ Sentiment: Hold Disclosure: Held
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