Well put.
Interesting you say look after the brokers, don't want to re-rate the SP too high as in term may make the raise more difficult to fulfill.
I hear you & agree on this point.
As opposed to re-rating, then bring on a CR at a discount, unlike a premium like now. The SP decline on Friday was a little suspect, but I put it down to ppl not wanting to hold over wekeend.
Anyway in our scenario there'll be 3-5M shares with insto's at $2 out there, so will be some selling pressure & resist the SP rising to the possible $200M MC price.
Either way I'm fine how it's worked out.
Do have the 1M assays due in December to look forward to. They'll be damn interesting too.
Ann: Suspension from Official Quotation, page-101
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