Oops. Well, in my defence, it's been quite a while since I read the prospectus!
Yes, a bad opening unfortunately. Soon after my post, it looked like your 51c prediction would be about right ... at that stage it looked like a 51.5c open.
Then I was required to do some actual work (!) and didn't get a chance to get back to my PC until now ... not a good open. 45.5c and more recently 36c, which is still available in bucketloads on the sell side.
We are all looking at this long term, so it shouldn't make too much of a difference if the company's efforts go to plan, but you still look at the opportunity cost. I'm only having a little dabble, but I feel for you guys.
Anyhow, hopefully we'll be laughing all the way to the bank before long (especially when the options become available).
Cheers.
GBI Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held