don't get carried away with any news of oversubscription. These...

don't get carried away with any news of oversubscription. These days it's just too embarrassing to admit that there was a struggle to offload any rights issues, 99 out of 100 they are "oversubscribed".

they keep getting filled under pressure. The wandering shaky SP at .30 is very typical support so that the .295 sellers aren't triggered. If it maintains the jitters of the hovering .30's until end of the week it should go to upper .30's until a reverse back next week to stress the break point again, it's just a pattern by many juniors but will eventually head north in its own good time.