OK What am I missing here. You guys think that instos pay $10 Mil + at $1.10 for their shares to drop to the filling the gaps you guys are mentioning. Do we really think that instos are that hopeless!!!It comes out of TH on Monday. $10 mil+ for Instos and $2 mil+ for SPP both at $1.10
Unless the management are dil pickles I can't see them raising that much cash tomorrow and then see their SP at the figures you guys mentioned!! They have to raise the SPP at $1.10 too
So i reckon this is what will happen. It will be substantially oversubscribed and they will end up raising more than $10 mil. SP will kick higher for a while say a week or so. Then another announcement and start the uptrend at least until the SPP. Well we got to wait and see what happens don't we??? Cheers.
CPH Price at posting:
$1.35 Sentiment: Buy Disclosure: Not Held