Yes, fully agree even though I don't like it!
We will need to see if they can pull a rabbit out of the hat.
I'd like to know why they haven't tapped any large holders / potential holders on the shoulder and said if you can put some buying pressure on the SP we'll remember that for upcoming raises, wink wink.
At the end of the day the SP needs to go up for everyone to make money, I'll be looking to trade any volatility around the IPO and hopefully for long term holders we see some demand over the next six months to get it up to fair value. As Jopie says, it could be easily 10x based on the numbers we have now, not including any further drilling and MRE upgrades. Lets just hope we realise that valuation via SP not SOI.
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4 | 113999 | 0.145 |
4 | 252000 | 0.140 |
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6 | 125468 | 0.130 |
Price($) | Vol. | No. |
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0.160 | 20000 | 1 |
0.165 | 100000 | 1 |
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