it pretty obvious to see some increase in the buy volumes today.
As mentioned previously, I thought there was a lot of "washing" going on in relation to these shares. For those holding substantial losses it must have been too temping to sell and take up their entitlement at a14c. It was a smart move.
I wasn't holding to much loss on this stock as I purchased around 16 and 18c . So I purchase the shares I wanted thought the entitlement on market and now if the price rises I can still buy up the shares which I have via entitlement. Good lucky holders SP moving above 14c would be good for all holders and ensure the entitlement is fully subscribed.
Any know what the renounced rights are trading @ ?
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bounce as "washing" dries up
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