Agree there are no firm figures however can make assumptions.
Also I thought there were only 2 billion shares on offer and the CN had been pulled bar the first tranche?
Anyway, do agree that people like to see the "we will make $x this year" announcement and this will effect things.
I don't blame downramping whatsoever. The price we are in is indicitive of the sentiment created by quite a few poor decisions and poor PR. I think this has turned around but damage has been done.
Still believe if you take away those things (which is fairyland I know) then we are looking like a stellar prospect.
One thing to note. While safe to wait on sidelines and still think you will make profit on upwards movement, IF there was a notice with good $$$ attached there would be a huge gap in share price movement at open. No chance to get in at the lower prices anymore.
But, you won't lose money and you will avoid risk. Each to their own.
I think great announcements. Market obviously not happy though. Shall see what happens this afternoon.
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