it was always going to 1.40, like in most cap raisings it drops to the cap raising price. the question is, will 1.40 be a floor to the SP or resistance.
its a bargain by any estimation anyway at this level so its not worth waiting for it to drop another 10% which is the furthest it will drop when potential upside is so big. Downside is 10-15% and upside short term 60-100%
cap raising, page-42
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