What everyone has seen and could conclude, even as Sgt Shultz:
The SP left with May 1st the 3c range for the first time and reached on May 23rd. at 7.4c, its highest level for a very long time. After that it immediately went down again, but averaged just over 5.5c before the SP finally fell further to 5c and below.
The fee shares agreement with Long State was probably fixed, clear before the end of May and announcement followed on 04.06.
It makes a clear difference whether you invest AUD 80k at 7.4c or perhaps even higher or at 5.07c.
And since Long State definitely doesn't want to make a loss with the fee deal and probably want a bigger gain with their amount fee shares, with the awaited announcements expected soon, a significantly higher SP can be concluded.
What everyone has seen and could conclude, even as Sgt...
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