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12:16
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Originally posted by Shellbell:
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Hi Mercury, fwiw, I agree in part that one would expect the SP to jump upon confirmation of funding. As you say, "the news will be transformational". If the SP's rise to 45c was based on "hope that funding would drop" then it suggests that the old moat "buy the rumour and sell the news" is at play here. With the lack of news in this department, who knows what will happen SP-wise when the funding news does eventuate (and who knows when that will be). A bounce is most likely but how long-lived.
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You obviously had some bad experiences in the past and understandably are asking yourself some important questions. Here is another question along the same lines, seeing that no one sold a single share as everyone is holding tight, where has all the money gone?
(20min delay)