I’m an Ex shareholder but watching on the side lines. To me it screamed a strong sell before the announcement. Now that is over and there is a bit of clarity, I think the SP will go up very short term, but then the usual questions will emerge and confusion. Then I see the SP coming back down to test recent bottom made yesterday but have changed my view to hold rather than sell. If it does test yesterday’s level, don’t think it will be by much if at all. Do I think the SP is cheap? No. Do I think the SP is too high? No….that been said I’m not prepared to sink 50k into it. If it takes off….my bad. All IMHO
LTP Price at posting:
46.5¢ Sentiment: Hold Disclosure: Not Held
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