Problem is the retail punter is being fleeced. This will stuff around at these levels until Retail SPP closing date. If they are lucky enough to receive 25% of acceptances, the underwriter will get the remaining shares and flip them to an accommodating insto at $0.30.
After which the SP will magically jump to $0.34.
TGS Price at posting:
30.0¢ Sentiment: Buy Disclosure: Held