Not only did they not give a single cent of discount...but it was also after a further round of due diligence. That's what gives me the confidence that $4.50 is the current base value. Once the 2020, 2021 FY reports come out then that may provide further impetus to the SP.
Amazing what happens on primary markets when the sellers stick to a higher price - the buyers always come up to meet them, as they are doing now.
Hopefully these next lot of financial reports will materialise a lot quicker, now that the FY 2019 provides a basis for the reporting.
J22
AB1 Price at posting:
18.0¢ Sentiment: Hold Disclosure: Held