Yeah likely Soph's using market support to sustain financial support when needed. Not unusual. I would assume the Soph leveraged for early June give the anticipation of late may/early june for the Deal announcement and potential for a quick equity turn around.. no announcement, then one must pay. Bsal, Yeah hopefully this last soph raising is enough to see us through to the deal. Drawdowns at this level would only benefit Dutchess. It should be tied somehow to a US $ draw down using Aussie dollar stock price. Hopefully we see the deal progress soon enough to drive the broader retail sector into a buying sentiment here..
yeah Munji... $0.004 was the discount price.. A break even is fine for a soph given the exposure time of his/her investment to a potential run.
MDV Price at posting:
10.0¢ Sentiment: Buy Disclosure: Held
