Ann: Completion of Placement and Institutional Entitlement Offer, page-84

Yeah the alleged Perennial selling will do more damage than the actual placement given Molton just about gets the lot @ 0.6c. The 0.4-0.6c volume will need a little consolidation period and if you look at the chart and where the volume sits you've got overhead volume 1-1.5c from the last few weeks. So, given cash in bank with the major holder taking the lion's share @ 0.6c and where the volume sits, providing the company isnt cooked and markets play ball, I see a potential +100-150% move from the 0.4c level.

Trump reportedly meeting oil execs Friday and threatening Iran. Maybe a couple of Middle East missiles is his play.