Hi davenjill,
The last announcement was a placement made for the Cornell loan. Nobody likes those because they dilute the shares. But only by about 2%. So the sell off was way over done. Cant rule out stop losses bringing the sp down a cent or two, but more likely the immanent demerger will kick in and bring the buyers back who want in on RLL. atm a couple of big bids has the sp pegged at 22. If those sell orders get taken out then expect more upside today.
cheers...
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