So far I think there’s many waiting for the price to retreat to...

So far I think there’s many waiting for the price to retreat to near the placement level - 28c.
So it will be a measure of how robust was the demand for those shares to see where the price goes during the next week until next Wednesday when the shares are due to be issued, and then what happens to those new ~41 million shares once they are ratified…
Have they been bought by ‘flippers’ or by those with a long view?

And given that more that 4o million were placed to those keen subscribers, just 2c lower, it does make today’s trading volume of less than half a million look a bit paltry?

very interesting no?
cheers