WTM 3.33% 31.0¢ waratah minerals limited

Had a very similar idea as you. If this plays out correctly,...

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  1. 673 Posts.
    lightbulb Created with Sketch. 26
    Had a very similar idea as you. If this plays out correctly, does it usually follow the dollar increase or percentage increase?

    Scenario 1 - follows the % gain of approx 150%, that would result in a SP of $1.04 ish.

    Scenario 2 - follows the dollar gain of approx .20 cents, that would result in a SP of .635 ish.

    (All very rough numbers based of that first move)

    Please correct me if anything looks wrong, just my thinking.
    https://hotcopper.com.au/data/attachments/6433/6433023-feac144673154b8f130ed95b7bae83c3.jpg
 
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