I was wondering the same thing, but comparing it to a week ago, when SMSL were granted leave. The SP was around 85-86c then if I remember correctly, I guess this is seen as a last major hurdle by many of the institutions.
As far as I see it, the SP shouldn't increase dramatically on today's news, because I think that the last few days has seen the market adjust to reflect the fact that the outcome today will be positive. Having said that, would be pretty bullish if could close about that 90c wall.
why should the share price get above 90 cents?, page-7
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