I probably will only post again when it hits $0.50, and next post $0.4 and will strike back at $0.35
@gred umm one thing?..........
SP can only trade at 50c, 40c and 35c if there are sellers prepared to sell at those prices.
Who's that going to be? The Sophs that paid 69c? Can't see them panicking and selling at half the price they paid, that's why they are called Sophisticated Investors. What shareholders, will sell at 30-40 or 50c, knowing the Directors placed a value of 69c a share and the sophisticated investors agreed to pay it? I'm very happy that some shareholders/investors get a chance to buy in around the same prices as the Sophs, infact I think its only fair. As for the sp going back to 35c or even 50c, I reckon there's Buckley's chances of that happening.
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