RYG 0.00% 3.3¢ raya group limited

'1.5c is the lowest it could go'. Really, why not 1.4c or even...

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    '1.5c is the lowest it could go'.

    Really, why not 1.4c or even lower to 0.1c?

    There's an old saying that I recall and it goes something like 'follow those who seek the truth and run from those who claim to have found it'.

    So how good are you at catching a falling knife from 10,000 ft with your own bare hands? Because that may be a better option for you than claiming a minimum XPE trading price with 0.1c accuracy, particularly given the many variables that have and are likely to come into play between now and April 5 (and indeed beyond).

    In this game we call the stockmarket, we ought to acknowledge the possibilities and determine the probabilities.

    And although it would be foolish to ignore the possibility that some extremely negative news might force the SP closer to your frightful prediction, the most recent market participant consensus (using RYG's final closing price of 3.3c and the SPP participation rate as barometers) would indicate that the probability of this eventuating in the near term (at least) is very low.

    GLTA and DYOR
    Last edited by elphamale: 01/04/16
 
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