Morning Jonnes, agree.
If there is to be a dilutive cap raising the hedge funds would be circling like vultures and shorted the stock down to 3c.
Instead, every man and his duck is piling on to get a piece of Sundance while they still have the chance.
As Shares said yesterday, many will feel exactly the same about 13c now and they did when the sp was 7c and ask why didn't I enter.
The $4.5 Billiom question (IMO) is not how much will be the share price when the asset sale deal is conclused, but just how the sp was able to be suppressed to 7c which will be the question asked for many years to come.
It is abundantly clear retail investors have almostly completely disappeared from the market before the gradual and now the (not so gradual) upswing.
Those 2-3 millions units trading days tell me there was so much fear, confusion and misinformation about the state of play that the sp effectively could have been taken down to 3-4c.
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