You're all forgetting that Southern Cross value this baby at $2.60 with a target of $1.30 based on a 50% probablility of early success. So buying at 42 cents is cheap cheap cheap....
Plus the instos all paid 40 cents in the placement. IPL are a major shareholder and driver of success....
So enough talk on gaps and going back to 30 cents. Everyone was given the opportunity to load up again and they still have it here...
CNX Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held