not denying the need for 708 or that retail will now be ablw to get it at similar price as it usually drops down to, prob is most avg punters incl myself have loaded up in that 8-10c range hoping management to do the right thing and raise at higher price post mr. no one has endless supply of $ to keep buying.
if they were to raise at 6c only should’ve done it months ago when it was in that 6-8c for Jan-Mar & they can’t tell us they wouldn’t have gotten $6m from the market without MR. that is bollocks. its the absolute insider trading sell down & artifically dumping down to 6.6c area on Wed that’s given this 6c one.
anyways, most here incl those like myself that have been upset at the recent handling by management or the cynics that weren’t sure of MR coming through have any doubts about future growth prospects & like you said, hopefully dfs is better than expected & we see north of 10c as base post that. Lets see what the metrics are. Because of the way company direcror has been set up with broker, I’m rather keen on us getting a good TO offer post DFS & cash in to move on instead of holding next 3-4 yrs for the inc jorc-production upgrades etc. to each their own of course.
my sentiment is still buy, of was bullish at 9-10c, am even more confident now of it being 12+ within 12 months for a good bag on most ppl buying at these prices. But that doesn’t mean one stops being critical when things haven’t been done with “all” shareholder interest in mind. Stupidity to accept everything the board says as truth given the last fortnight. Will be trade d trade from here on.
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