There is a third possibility that FOMO doesn't kick in and just stays around the 12c mark due to the wall of investors trapped above this from the previous bakered attempt.
This runup to drill is very different to the previous with raises being done at ever decreasing share price vs the former where they were raising to an ever increasing share price.
This scenario will test the true believers as you will have no choice but to hold until result unless you want to sell at a loss before result
Ann: Share Purchase Plan Oversubscribed, page-399
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