You've highlighted the key point, "in theory", and the theory is dependent on no change to underlying value. I am suggesting there has been due to Lepidico, JVs, and tenements. You can purchase when it goes ex but then you also need to know the underlying value (isn't that more often than not driven by what the market thinks?). What if there was another announcement (which would not surprise me from this group), would you rather purchase it when it goes ex or at 1c? Announcement or not, there is now IMO a big inducement
Ann: Non-renounceable rights issue-PLP.AX, page-34
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