The magical 10c is not that far off. We hit 8.8c at one point today.
In the last 5 days of trading we have had approximately 130M shares traded.
We had 220M shares issued in tranche 2 of the placement and 101M issued in tranche 1, so 321M shares issued under the placement by my calculations.
Given the attention BAT will have received today, I'm thinking we could see remaining shares from loose hands sold within the next 2 weeks of trading. That will set us up very nicely for a solid run once the mining license anticipated in February is announced.
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The magical 10c is not that far off. We hit 8.8c at one point...
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