Strong performance against the genereal market trend. With the regulatory approval in place and cash in bank, we should start to see the marketing. It really looks as though the will deliver on schedule for once.
If we can hold around this level, then we are sure to rise on actual marketing campaign. Once people/investors see print ads or a radio commercial it will definately add credibility.
Another follow up announcement would push the sp into an area that would gaurantee the rights issue was a success. At anything below 0.8c it will largely fall through to underwriters.
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