Not sure. We're at the mercy of the big guys. They could keep the price here and churn the 5.1c themselves while picking up the rights people don't want because the price isn't high. I wouldn't worry about it too much. When shareholders at AJM were offered $3m worth of shares only about 700k worth were bought because the price was pushed down. Just a few weeks prior to this a $20m placement through funds was oversubscribed to the tune of $80m. Seems management have learnt and have at least made these shares renouncable so I don't think the price will be pushed down so harshly.
I'm more interested in the end game. See above post.
Ann: Capital Raise to Advance Authier Lithium Project Development, page-94
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