Should CRO be reinstated tomorrow and CROO commence trading, holders need to be prepared for a rough first hour.
Seriously. Be prepared to see 2.5c. I'm not saying it will hit that, but absolutely keep it in the range of realistic possible outcomes.
That will be nearly 30% off the paper value of your holding. If you believe the business' VP is sound and has tremendous legs through EOCY as I do, then de ready to hold on if you get squeamish.
It may not drop 10 pips, I hope it doesn't, just a PSA.
CRO short term TA, page-468
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