I agree next week will give an indication, was hoping to pick up some options under 1c , but that may look a little optimistic.
There was around 60m shares held by offshore holders whom were not offered the rights issue, so they knew of at least that shortfall , I applied for extra but got my money sent back
Also results will drive the long term price, not the day to day volatility of traders
Ann: Results of Non-Renounceable Entitlement Issue, page-22
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