SXL next few months ...

I’d love someone smarter than me to give their opinion on these questions.

A truck load of SXL shares are about to be allocated at 9 cents and they will trade on May 5th.

Right now shares are 16 cents

wheh the new 9 cent shares start getting traded won’t the share price fall closer to the 9 cents???

if so why would people buy them at 16 cents?

My question is. And I know it’s a hard one. If you want to buy SXL are you better to wait till the 9cent shares come online May 5th ?

then as these people that have taken up the share offer are happy to offload their shares at 10 or 11 cents and take a quick profit ??

im keen to pick up some SXL but I just don’t know when.

I look forward to your thoughts.