placement oversubscribed, page-2

67b - it is possible some of the new subscribers expected to take a stag profit yesterday and could not do so and either panicked or made a decision to reduce their risk, and took a half cent loss at 28.5c on some or all of their new position. Also there would have been forced sellers on margin, and scared sellers, and those who had rigid stop loss rules. These types of sellers should dissipate quickly.

Also I have taken part in similar placements and you learn to ask for more than you want, as you expect to be whittled down - so I doubt there has been any intention to mislead in this matter by CC.

There may be another dip when the new shares start trading on about the 23rd.

As (fortunately) an disinterested bystander until today, this one had opportunity written all over it to be honest. I may have made a mistake - we'll soon find out.

I've been on the losing side of these situations many times before. Not nice. Good luck with however you choose to play it.