On the 14/10/2010 I suggested, quote:
ST to MT forecast: SP will trade at around 10c, there will be something like 1:3 cap raise, and the rest will depend on what is in the ground.
1) it is trading above 10 cents due to overall strength of the market - in the flat market it would have been 10c
2) Cap rasing they did was almost precisely 1:3 except as a placement
3) -
No point making SP predictions, the rest depends on what is in the ground, which no one (I certainly hope so) knows at this stage.
Cheers
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