SHARE PRICE PREDICTIONS, page-183

“I hope it’s just a rumour”
What is your source for this ‘rumour’ please ferretbreath ?
I don’t want specifics but it would be useful if you could clarify, as in
‘someone in another HC thread’
’overheard in the pub’
’Friend’s auntie is mates with the CFO’s cleaner’

… or whatever.
And did your rumour-providing source suggest when?

Thanks

Meanwhile, pending more information, aS we’re told the Lumina FID won’t be till after June 30 - at least five weeks away - there doesn’t seem much cause to me to run a capital raise now when the price is 1c .

And that reality unfortunately implies that if ‘they’ want any capital raise priced lower than 1c, then they have at least 25 trading days to spend a few more hundred thousand dollars bashing the price even lower (with the double reward of booking tax losses if whoever is doing it bought their shares higher :/)​

So, holding here, given those dynamics, I feel in a bit of an invidious position against which my hopeful hopes are:
1) That Lumina FID will go ahead and soon after July 1
2) if there IS a raise at 1c or even lower (doubling the shares up to around 18 billion?) then it will be in company with such solid news that the market flies back up to at least 2c a share or even higher with no time to maunder around at the theoretical raise price.

cheers