The only thing I think Tarzan and Rollsroyce have neglected above is the expectation after the 20c IPL... is that Kuro will quickly trade higher. I wouldn’t be at all surprised to see them trade upwards of 40 – 50c very early on. And I would be surprised to see a single trade < 30c.
So I’m hoping we’ll find $200 is actually $400 – $500. Not bad if there’s extra zeros on the end.
But Tarzan is still exactly right – it’s peanuts compared to Groundhog.
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