the market response so far this morning is interesting ....no...

the market response so far this morning is interesting ....no real selling .... VSP may be right about an attempt to flush weak sellers out by placing 1 mill to sell at 2.3c, and waiting in ambush at 2.1c for them

Seems like everyone is waiting to see how the RI settles, how many people actually apply for the new shares both in terms of allocation and extras, and what the landscape looks like after the new shares are issued in 2 weeks.

This update is what you'd want if you are trting to build a large holding through lapsed RI stock, and sell off to 2c or lower .......hmmmm.

I wonder how the top 20 feel about todays announcement ..