dilution already factored in,
but perhaps not the impatience of sophs…
without any short term gains this side of EOFY
they may sell the heads at a loss to offset other gains…
selling below 2.5 may also be justified as a small price to pay for the oppies perhaps?
without some very good news I expect the sp to drift lower.
too much overhang to churn here, 3.5 and 5.
Ann: Results of Meeting, page-57
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