perivale, it was retail shareholders who kept the price down, indeed few have bothered to participate in CQT as investors by taking up the generous offer, whereas the big guys you refer to will now be in a position to take up the slack. In truth, the only thing serious investors had to do was wait. Punters being so predictable, and all.
As time passes short term addicts lacking in business acumen will recognise this as a lost opportunity, which in my view has been visible for the last few weeks. Given the rate of change in the price chart.
Indeed, the change is so meaningful I think there will be plenty of "if only" punters wringing their hands. Perhaps when it goes through a trip point of 70c the lights should go on.
Meanwhile I think we are all in need of some sage advice from Vic. He seems to be the best authority on why the price should go down
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