haha if you think that a 1 cent move on a daily volume of under 1 million shares is a move that means anything you are an idiot.
This won't see a rerate until the merger is complete in my opinion! I hope I am wrong as this stock makes up 80% of my portfolio and I have early retirement riding on it. However judging by past experiences especially with the gmm/gxy merger it left the share price stagnant for a fair while, and games were played for months.
I Love how people on hotcopper think retail holders have any real control on share price, and that big players havnt already factored in news such as first shipment etc.
The price will be manipulated until they are done getting enough shares at a low price.
And the meaningless movements on next to no volume we see at the moment arnt going to see us rerate.
Patience is key on this one.
TAW Price at posting:
43.5¢ Sentiment: Buy Disclosure: Held