Most CR are preceded by a pump of some degree by the broking "community" and typically they sell it down to and sometimes below the CR price.
However in this rare instance the opposite happened with a dump first (67%) and then a CR at the lows. The broking "community" have manipulated our BOD's minds and eventual decision to raise , out of necessity (which they brought onto themselves with poor judgement in the first place - hence we all got skinned as a result)
But now it is what it is , so lets all move on and focus what lies ahead.
Given that we had a huge dump preceding the CR and what is ahead of us with a number of milestones rolling out between now and early next year the upside potential in the SP is huge. And given that the broking community are not stupid , and like us , would realise the huge potential & upside, my hunch is that they will refrain from selling at these low levels and therefore , in my view the next big move in the SP is to the upside.
This view is also supported by TA with a double bottom forming and about to make an explosive move upwards , and the shorters will also join in buying back their shorts , lock in their profits and move to their next target.
ALL IN MHO , AND DYOR.
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