Agreed - expanding the smaller shareholder base (top 3 hold >72% from memory) is really the only way to improve the liquidity. Currently it is so tight it is easily manipulated. I would suspect this CR is specifically targetted at the mid and small SHs. Which is nice, as someone else said, that they are actually thinking of all their SHs.
From a charting perspective - I last said I thought it would run up to 24c, and it tipped just past that at 25c. Holding the base at 20-20.5c would be a very encouraging sign. I think there will be a few people trying to make a quick $ by selling >20c and then getting back in via the SPP at 20c. Once it dries up and they launch the FastTrack in January, I am quietly confident we will resume our climb to 37c and beyond.
SBW Price at posting:
20.5¢ Sentiment: Buy Disclosure: Held
