It might be lower by the end of the day. Buy side is up - and that is people betting that the SP won't get much lower - more likely punters who were not shareholders this morning. Buy offer at 3.6 cents at the moment.
The record date is not until next week. People would be buying now to have a chance at getting shares at 3 cents. That might put some more downward pressure on the SP next week as well. Story has a way to run yet.
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-58
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