BTW how much does calcifier still owe the co? Could have saved us some pain.
First assumption is that the stock will fall back to the spp price of 3.5c.
Theres has been little buy side pressure for a long while and precious little above 3.5c. Yet where will the sells come from? Remembering that you get a free oppie with a very low strike of 4.5c for every head inthe spp. So to sell before the record date you might sell above the spp price but miss out on the oppie.
Tightly held so far will be interesting to see how the sp holds up and how much volume will be traded tomorrow. Haven't had big volume days in eons. This stock could do with some renewed interest and big trading. With the projects in the pipeline and S7/ALDP due soon after quotation of new shares and oppies this spp could have a few twists in it.
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BTW how much does calcifier still owe the co? Could have saved...
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