Interesting post Mr Sunrise.
Its a shame the market got so carried away with the "short-term" trading momentum in C@. The move to 17cps was in my opinion driven by "johnny come lately" trader types which has now left the register in a horrible state.
Outside of the substantial holder and who seems to continue accumulating and management the C@ register is rubbish in my opinion.
Lets hope that the potential new funding brings in some serious investors. I am prepared to wear a heavy discount as long as the investor is "the right one/s". That might mean some short term pain, but should set us up for a nice re-rating once things settle.
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