Having been involved in situations like the current prospectus issue for CEO, punters should be aware of the potential risk of "re-pricing", especially if the current market volatility continues.
Given current trading at 5.1cps, My opinion is that funds etc will find it difficult to accept deal under current terms. Be prepared to see this price change!!
This is by no means intended to scare, it is just a reality check for us all. This is how markets work unfortunately.
See my previous posts when stock was trading closer to 10cps, I have not been far off the mark, albeit the fairyland club likes to dismiss my posts as nonsense.
Stay real!
Pete
CEO Price at posting:
5.3¢ Sentiment: None Disclosure: Held
