With the price of the CR being struck at 8c tells me the company...

With the price of the CR being struck at 8c tells me the company was overly optimistic about market reaction to the long awaited announcement, hoping to would shoot to above 10c, this didn't happen so it will turn a lot of potential investors off.

This is not a game for the faint-hearted so I suspect days traders have had their fill and only the die-hard optimists remain, many will lock in EOFY capital losses.