Further to the above...
I just revisited the chart prior to the announcement regarding the Maiden Reserve.
The announcement was issued in the first week of October last year.... the share price on each of the five days leading up to the announcement was as follows:-
60c...57...60...55...57...announcement...$1.04...1.13..1.22
Imagine most other Companies with a pending announcement capable of doubling the share price within 3 days.
You can bet their share price would have risen in dramatic chunks up to $1.20... and maybe well beyond... prior to the announcement.... before a possible selling onslaught by traders.... and a potential share price collapse well below $1.00
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