This is why I didn't consider selling for a quick 10% gain. I was fortunate with the timing when I purchased at a considerably lower price last November. I tripled my holding last week at $0.81, and if I sold the shares issued under the SPP, I would be stressed about not being able to buy them back at a lower price. I think we are just one announcement away from a significant jump in the share price.
With the SPP out of the way, what is the expectation for the share price now? Will tranche 2 of the Placement weigh down the share price, even though it is only offered to sophisticated, professional, and institutional investors?
Ann: Strong Shareholder Support for Share Purchase Plan, page-78
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$1.53 |
Change
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Mkt cap ! $1.162B | |||
| Open | High | Low | Value | Volume |
| $1.63 | $1.64 | $1.41 | $29.10M | 19.43M |
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| No. | Vol. | Price($) |
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| 3 | 3216 | $1.53 |
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| Price($) | Vol. | No. |
|---|---|---|
| $1.54 | 793 | 1 |
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