From my calculations, the 10 day VWAP would have been $2.35 to give a discount of 10.7% with a CR price of $2.10.
Given the current share price of $2.33 or 8.27% down on when they last traded at $2.54, In my opinion, the market has reacted very favourably this morning. )By the way, I am looking at 20 minute delayed prices.)
If I recall, there were many poster expecting Orocobre to open at the CR price of $2.10.
Time to get positive now... money concerns out of the way for the foreseeable future, production ramping up, debottling on track.
Good buying today while the SP is down as it clearly won't stay down for long
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