Pretty sure U R right on that. Well known .....but if U like the story ....and U have to like it more now than before....We are in Manic Hysteria mode right now for anything to do with EV ....and scarce resources which have been pretty much in hibernation for quite a while now. So there is a definite re-rate happening across the board. Even mgmt could not have forecasted this AUZ etc... etc... when they launched their CR. Now we know its serious...it would be clearly best to hang onto those gratuitous rights and wait for the catch up in MC the professionals have been banging on about in their comparative valuation reports. The rights were 1:2 so if everyone held their entitlement ( which was heavily oversubscribed ) there would be no dilution to their holdings as they still have the same % of the total available shares. I would be looking to get more if anything....especially from those silly enough to sell at these undervalued prices. Most likely U will be selling to someone like Me who is just waiting to stalk them. I first bought in a 1.6 and sold at 3.1 on the day they previously hit a high of 3.4. This of course was on the back of no news at all. Now there is this huge news release and it is only hitting a high today of 3.5. GLTAH.......and i'm back in and waiting for more of your shares please.
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