wilcox coolangatta, page-23

the share held a fair value in the .90's

the likes of the directors and the major holders are simply flooding their shares onto the market, this will go as long as there are buyers willing to buy at this price. imho the buyers could easily lower the mark and hold tight in the high .60's

but the low .70's is the conversion price atm

there are a lot of shares to be purged.. so its a long haul still obviously

reminds me of the adi cap raising, then the dump of shares for a few months, then the on market takeover for a few cents more than the shares were dumped out at..

imho there are a lot more shares to be purged and dumped..