Hi @TheAnalyst007. re your statement "Regular punters who hold a few shares though will look at the premium to the current price and will lick their lips at the thought of it." There are many who bought in at a higher price and would NOT be licking their lips at all. They would be looking at making a profit on their investment. Sure, some investors bought in at a far lower price and 30c would be a good return on their investment. However, I believe many have already had the opportunity to cash in and have not done so because they see far greater rewards down the track. I am one of those and I would NOT be happy with just a 300% premium. Way undervalued IMHO.
IMU Price at posting:
11.0¢ Sentiment: Buy Disclosure: Held
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