So far the game has been played as expected.
ie.
rush to get ri (pushes shares up to 9.4)
lack of news - confidence dwindles drop to 6.1ish
ann. made prior to ri expiry date shares go up.
shares in the money & ri closes fully subscribed.
well played everyone.
the next stage is what will happen when the entitlements become tradable.
I expect them to kock the price back to 5.5 - 5.6.
I also expect that once these shares have been dumped (and they will be), we will see another announcement of substance. this is when we will get the first real information about our new company - the oil & gas producer
that's just my take on it.
good luck to all
genem
So far the game has been played as expected. ie.rush to get ri...
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