Your joking right?2 days ago the stock hit a four year low....

Your joking right?

2 days ago the stock hit a four year low. Yesterday is jumped five tenths of frick all to return to the price that is was 3 days earlier. Now we have people declaring this a full scale recovery and a rerun of 2018. OMG

Seems to me that they are desperate to get people to pay up. So much so that some people have received numerous phone calls and emails. On Wednesday the SP dropped to a new 4 year low and was within 0.001 of the massively discounted CR issue price. It was obvious that if it dropped further it would be cheaper to buy shares on market than pay up for the CR. Then suddenly yesterday, just like magic, somebody put through a small number of trades which pushed the SP higher to where it was only 3 days earlier. Very interesting timing don't you think?

So how does this play out? Logically applications close at end of day today so unless they are forced to extend the offer period due to poor take up, there will be no further need to bombard shareholders with phone calls or emails. Likewise it won't matter it the SP continues to fall.

So before we get all excited a call a fall scale recovery or the start of the next pump and dump based solely on a one day rise in the SP with a measly 24 trades for a tiny 2mil shares, maybe we should first see what happens to demand after the CR is complete.

PS. As for director buying, remember that the directors were some of the first to offload the stock in 2018 !