Looks to me Cooper are going in again to collect as much info as possible to maximise the sale value of this asset and the buyer will be Dragon.
And they might unblock and get a 3rd flow test result.
This is a disappointment, and Jacka is only valued at $25m at this level, a total bargain.
But I think investors will be slow to buy, and potential sellers would be mad to sell, they will be crucified.
At this stage, if one has to sell, it is better to take the short term pain, the share price will recover, thats for sure.
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