$50, page-307

I think this stock is being set up for the mother of all tree shakes.
I had expected it, but they appear to be setting it up earlier than I expected.

Maybe they feel shaking it before the SPP date is the smartest thing to do?

But here's my guess on why this will cop a shake and my thoughts on why it will be easy to achieve.

Firstly, for a company this size it's a pretty tightly held share.
The instos want shares. That's obvious. And it's not easy to get a bunch on the market.

There's a bunch of retailers out there holding onto nice profits. And right now many of them would be thinking 'gee, I could have sold @22'.

The way they've slowly sold the share down has been smart. It stops panic.
But all they need to do now is let this stock drift back up ove $20. And the sell it.

Those retailers who regret not selling at $22 will probably panic sell the second time around.
And stop losses will get hit.
I will not be surprised to see a 20-25% drop in a single day.

And then the instos will just go to town sucking up all the shares on offer.

Note: I'm not a shorter, I'm not about to sell, and I can't afford to buy a meaningful parcel.
So there's no agenda here.

But I wouldn't be surprised to see people being able to buy on market below the eventual SPP.