I dont disagree people will want to offload early, but at what price? Those looking to sell out at 70 cents probably wont have much chance to do so in the early moments of trading. If they do then it means there are plenty of buyers at 70C, yay. Will those same sellers be happy to sell at 60 Cent, 50 cents? Once you get to those levels then it makes sense to hold and trust that the true value of this mine will be realised in time. I doubt the price will drop too far, and dont forget some buyers are also waiting to get in below 70C, they will pickup the 50c and 60 cent offers.
This mine is worth what its worth, we should all try to relax about the initial frenzy and trust the market will find the correct mark in the end.
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I dont disagree people will want to offload early, but at what...
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