I took a position today as the opportunity is too compelling from a risk/reward ratio.
This has the potential to be a monster in the making with such a tiny mc.
I think it is being pushed down as it would appear the cr price has been arranged.
It will now put on display to the market the merits of this company and it's management and if they can do a cr at a very good price.
I was hoping it would be around 50cps. Based on the huge volume (for this company) in the 50-60cps range.
All imho
Regards
DD
Ann: Significant Clay REE Mineralisation Confirmed at Mick Well, page-45
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