Sometimes it can be good if for a sophisticated investor -if that is - it is for around this 1.30 mark.
They will want the sp to rise before selling out. So it could make the sp go up???
If it is for around the 1.00 mark well and the sp is maintained by the bots around the 1.30ish mark - well they get 30% for nothing and will drop it 1st day they can! We then can then expect to see 1.00ish mark.
Karoon Gas just did a cr and its sp has risen from 7.00-11.00. (Although some of that sp rise has come from Braxil IPO expectations). I sold out at 10.50.
Let us hope the cr price is NOT too low. That is what counts atm.
What was Lynas's last cr discount to the last day of trading?? 10% 20% 30% ????
capital raise will be soon..., page-32
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