We can debate and argue about the raise all we like, but the reality is, unless we receive an accompanying positive announcement, the SP is going to take a hit, and more than likely retrace back to 2 cents or even sub 2 over the coming days / weeks. Unfortunately this seems to be the case for the majority of CR’s at this end of the market (IMO). It’s disappointing, but it is what it is. Looking forward to reading the details of raise, and the webinar on 11/12 to hear what GG has to say about it...
SYT Price at posting:
2.7¢ Sentiment: Hold Disclosure: Held