You are correct in your summary of the positive attitude pre listing. I think most of us before the acquisition announcement and Ukraine war and interest rates and global insecurity etc etc expected this to be much higher. You have every right to make this statement since we are now in low 40's. I am sitting on the fence with the acquisition but the bod don't make trivial decisions and they look 2 to 3 years ahead so I will assume it has great strategic purpose. Whether that is a greater buy out target or more likely the delivery methods.
Murri0 do you think the fundamentals have changed though? Do you think our chance of success has diminished. If so then sell. If you believe then hold or top up.
It's the long term I'm looking at. But if you trade then I think this is still a good buy at present to make a quick turn around. But maybe we haven't reached the bottom. Every options/ purchase I have seen causes a SP tank. If we are still at these values come mid May then I will be very disappointed. But again that's only short term unless this acquisition is not what it seems.
Just my musings. As always so many factors affect the SP. But it will bounce tomorrow! It has to, it is the birthday present I'm asking for!
One can wish.....
