Next step in my journey, page-26

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TheArchitect

6,525 Posts.

1851

23/08/16

22:22

Post #: 18624975
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Originally posted by anatol ↑

@TheArchitect

I think it was like a train which was waiting at the station rather than a marathon runner. The doors was closed during the suspension and now the train is leaving the station. I mean, I don't think we would start trading at the price where we left.

If anyone wants to buy they will have to pay a premium to the closing price of before suspension as it is derisked substantially now.

I also don't think anyone would be expecting IAM would open at 20c straight away. However at least 4c value would be fair at the opening IMO.

Before the suspension many traders and investors sold out because of waiting risks. The waiting risks could be;

1) Substantial negativity in general markets could happen, e.g stock market collapse,etc.
2) SRT/Intiger RTO (reverse take over) agreement might cancelled by the parties or might not be allowed by ASIC or ASX.
3) The traders and investors might be able to find better opportunities during the suspension and make good profits without those risks.
4) etc. etc.

So, those traders and investors who sold out before the suspension are welcome to buy back in.

View attachment 224481

But they should have to pay more if they want to buy in again. They already knew that they would pay a premium for clearing those risks. Now it's the time and opportunity for them, if they can catch the train...

View attachment 224484

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Agree with everything you said.

I think I've seen a few posts with 20c openings and higher lol some in jest some not

Just not wanting huge expectations on the very first day, not worried, the long run this could quite rightly be a Unicorn.

Happy to be on board and I won't be selling my shares any time soon

Not long to go now, looking forward to seeing IAM re-rate and getting some news, although wouldn't surprise me if we get only the basic information and they leave the juicy stuff for later lol it's been their pattern of behaviour so far and keeping traders away

SRT Price at posting: 2.6¢ Sentiment: Buy Disclosure: Held
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