CEO 0.00% 4.2¢ c @ limited

trading halt, page-16

  1. 1,217 Posts.
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    On a different tack ....

    IF one has a belief that the new shares will be over-subscribed,
    wouldn't it be wise to start picking up from 4.9c down?

    Very tempted :)

    I assume the 5c is set, and won't change; I also can understand if certain holders need the cash in the next 3 - 4 weeks, to sell now; possibly to buy back in on re-listing.
    However, if the funding is at $28 mil, or even over-subscribed, have a gut feel that the mid to high $1 + mark is quite achievable by late Dec (11:).
    Even more so if further news comes forth ~ Indo, or other Mono, or detail on the lab findings, etc, where positive.

    Bring on the next month!

    Cheers :)
 
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