Guys,
The closing at 2.3c was practically at no volume, so desperate investors for cash were selling after it reached its peak of 3.6c on the 28th July 15, interestingly between that day and last trading day 9th Sep15 just around 4 million shares were traded, this is less than 2.5% of the total register pre-Nuheara and is telling me that long term holders, like me, are not ready to sell yet under 3.6c.
Based on the above analysis the SP should probably start at 3.6c on re-listing and closing would be between 4c and 10c I guess, but I tend to believe that it will close between 6c and 7c based on other successful oversubscribed RTO's. Exciting days ahead.
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Guys, The closing at 2.3c was practically at no volume, so...
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