Ann: Non-Renounceable Entitlement Issue, page-269

If you are using AVZ as your yardstick;
then when Due Diligence finalised and contract taken up on 18 th May 2017 resulted in the SP dropping 25 perc (from 4.3c) to 3.25 cents on 22nd May.

https://hotcopper.com.au/threads/an...anono-transaction.3434871/page-3#.Wv4xQ5e-nIU

I am NOT suggesting that is what will happen here. I believe what will happen will depend on a) the terms, b) what information is provided with confirmation in commentary (e.g. funding, drilling plans etc) and c) whether or not DD is depending on the results from a bag of rocks (70 kg as per last ann 15th May 18) from old tailings on the surface or whether there is more scientific samples/systems than that used.

What I am suggesting, is that if you are using AVZ as the example, then you would be predicting 25 percent drop.