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08/03/24
15:28
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Originally posted by Ddog157:
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Yeah nah.... these are done for many imo. They hit 10c a couple of years back after going as low as 1c. So 10x was not a bad result and was an opportunity then for many to convert.... so can't totally blame the company for no SP movement. Different story now though, and if last weeks listing can't move it then what will? Would have to be very substantial and in this market, that's a no from me. Also need to factor in the sellers who will be piling up soon to get out before the expiry date which is only weeks away. Otherwise, they will get zero for their money.
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All depends on the heads. If they can get back in the money, buyers will buy EUROA instead of heads to convert if they save a pip or 2 imo.
Last edited by
stezz :
08/03/24