Hi Tempo,
Whilst im not doubting what your saying, if greenday have been accumalating where are the notices?
As a substanial holder they must lodge change of holding notices.
Yes i still keep an occassional eye on sbn and i hope against all hope mon, bb and all the other long termers get cash back but just bare this in mind.
More than 800 million shares are being placed at .001 so imagine how many are going to be sitting at .002 to sell.
Plus remember the last rights issue, huge selling took place after dates were released. Alot of large holders sold down so they could buy in at the placement price after the register date and the % discount/gain is vastly higher here.
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