I've never understood how to work out what actual the actual...

I've never understood how to work out what actual the actual price for this CR when ratio of holding allocation is used. Unlike the traditional quick CR for Specs with no holder participation, all I can see is that so far the price has not dropped to the $1.10 CR insto level. Is this an artificial means of telling all holders that this is a no brainer allotment to ignore?

I think from the Lasonde curve, a lot can be learned from PLS when raising capital to build their mine, operating and design issues, rectifications then the confirmation from the cash flow profits. There is always a debate between ST v LT view. I traded that stock many times, thought that I did well but in hindsight, holding it from the early stages would have been the prudent but psychologically damaging journey for the weak.

I guess I'll have to take up my allotment again! Good luck all.