may move up today, page-17

The price is being supported here around 27c. Despite the relentless sell off.

I would imagine those who want to participate in the issue are watching this closely trying to determine whether to take up the offer of wait and see if the price goes lower....


However, time is running out and the SP could well go the other way leaving existing holders who sold half their stock, in order to participate in the issue, up the well know creek without a paddle if they don't act fast...


Many retail investors probably won't even be concerned with the current goings on as they are in for the long haul and if they were smart they probably offloaded half their stock around 34/35 so its a good deal...means they get half their stock back at a cost sub 27c


Those who bought in to participate, if they bought on the 2oth they might have picked them up for around 32c....Then the could have dumped the lot on the 24th for not much less and be guaranteed to picked them up in the issue...

still a good deal for them to....