Whats important to note here is the fact that 12 aussie instos...

Whats important to note here is the fact that 12 aussie instos have taken up this CR. No doubt Ron aswell. Having 12 aussie based instos in at 44 will mean there will be very strong support at the 44 and below level. Chances of getting any sub 40 will be very slim. As i said yesterday, the EMC CR had aussie instos on it and saw the sp near double 8 weeks later. The 2 FLC CR,s were U.S based and did nothing for shareholders. The small rallies we did see were just retail trader rallies. I think we will see $1+ in the coming months if we have strong newsflow