The suspense seems to be affecting all rationality.
Nothing can be done now as wools are locked in or out. Just wait until the asx ticks this off - then let the company present officially and let’s then c how the market reacts.
All I will say this - Airguide needs the sp after dilution for 10 days vwap above 3.2. Expect the sp to oscillate around these levels at the very least. After cr it will be with about 75 mil fully diluted. The question one needs to ask is what does it take to get a mc up to 100 or 200 mil mc or more over what period.
I personally would be surprised to c this open at 6 or so. I hope so but doubt it purely due to the 3 bil shares on issue. People will exit. However like we saw or am seeing with adt, avz,asn, cla the market will recognise and move this in the right direction. I am hoping for a 3 c or so open and then determine from there. Pure guess work on owning sp.
WFE Price at posting:
2.4¢ Sentiment: Hold Disclosure: Held
