I think there may have been an assumption that CRE would enter the ASX300, post Cap Raise. Instead they may be falling out of the All Ords now? (Any comments on this would be appreciated). May be some sellers who are outside their mandate? Also the amount currently being sold is small beer to an inst.
Also Gold price is not going up ATM.
I'm happy to buy at half the Cap Raise Price. Will be patient and wait for a while now - may end up a double bagger in the next few months - as hard as that is to believe right now with cascading SP.
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I think there may have been an assumption that CRE would enter...
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