I don't post here very much, but I couldn't help but add my 2c....

I don't post here very much, but I couldn't help but add my 2c.

my view with today's volume and announcement would be as follows:

- Capital raising is due in the next few weeks / months
- Lead broker is creating some volume and support to the price and will attempt to bring the price up above the CR application price for a period of time (so they can say that the price is below the 20 day volume weighted average etc) .
- Once CR is announced price will drop back below that of the CR.

So my strategy is to buy today, see where I go in the short term and cash out (hopefully at a small profit).

If that doesn't work I'll add today's purchase to my holdings that are already underwater with the satisfaction that at least I've averaged down the price of my holdings again...

Good luck all