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Ann: Trading Halt, page-69

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lateral5

3,315 Posts.

51

23/11/17

20:07

Post #: 29068769
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Originally posted by MG. ↑

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.

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Possibly not, but gaps have an uncanny habit of getting filled....at some point. Law of the Stockmarket.

CPH Price at posting: $1.35 Sentiment: None Disclosure: Not Held
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