Timing of this CR is indeed , "intrguing "! The input from Steve Garwin will make interesting viewing ...but suffice to say , it has provided the impetus to "go hard or go home "! #Trading Halt today 26th ..until projected Wednesday 28th June ..when T+2 kicks in , if Trading resumes ?? So settlement Friday , 30th june for any shares sold ?? # Given the time of the year ..and placing funds to sophisticated shareholders or Instos' .....every possibility that Trading Halt is extended for a day or a couple of days ....to place funds ! So perhaps "pressure off "30th June tax loss selling ???? Whether that rationale , is part of the thinking or planning , not sure . Obviously , they have/ are taking Brokers's Advice !l Little likelihood that it changes the end result ..and will depend on what the discounted CR is done at , unless it could be /is , underpinned by a cornerstone investor ?? The Project always came with high risk/highreward , and so many "sniffs" now in previously unknown/untested Victorian ground .Dilution inevitable ..some previous raises well timed , others not so much so ! This one might be regarded as "have to do it " ...and maybe the madness has method afterall ?? Been a holder , not at present ...but not given up , and I hope the "chase "has some now a fresh and ultimately successful outcome ! Just a view , and AIMHO !
SVY Price at posting:
11.5¢ Sentiment: None Disclosure: Not Held
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