Its pretty interesting where do you get your intention from to see the 10c after the IRR news.
Speculations on a short termed SP are nonsens. I saw that so many times on many hot stocks.
Lets say during the next trading days w/o any news we lose everyday some %. And then a good IRR news will may be just lift the SP back to 0,07AUD. Nobody knows.
Or may be we see 0,12AUD after IRR news. Nobody knows. Its pure nonsens to speculate on this.
Then its better to talk about weather forecast...
A bit different story is to talk about a SP after 1 year or so, because in such speculation there is the broader fundamental development of a stock considered. But not where the SP is next week. Again: Nonsens.
Now with the mentioned 10c you created a certain expectation. If if the SP won´t climb to 10c after the IRR news you will be disappointed and may be are going to sell partially or completely. and that could happen independently what the IRR news says.
So the fundamental story could grow further but you will be disappointed. Its schizophrenic game as I wrote earlier today. But that game is created only by yourself.
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