logically receipt of funds should reverse sentiment and increase confidence but how many buyers and what level of investment it will attract is unknown at this point . market depth is not a reliable measure of force as it will shift with supply and demand and what you see now is only the tip of the iceberg . funds will be a positive development but needs to be underpinned with a revised valuation . a new value needs to be set in the market and without this the market will continue to set its own price at current levels which is an unrealistic reflection of the changed position of the company . the company had an ace up its sleeve when they should have kept us in a trading halt till receipt of funds and in the lead up to the announcement they could have had ample time to liaise with triplec and prepare a revised valuation which could have been released in conjunction with receipt of funds to set a price in the market and dictate book value to the market instead of hoping the market will see the light and pay a premium . they have to turn the tables on the market otherwise they will go nowhere
