I imagine it will hit a bounce point and, well, bounce today. Traders will be waiting for this exactly. I know I am.
The allocation doesn't happen until Tuesday so if anyone wants to sell they won't be able to sell their allocation until then
So, you have 2 days before this happens to do as you will. I feel 3.3c on oppies is a pretty impressive entry price, considering:
1. It hit 3.9c yesterday 2. In a few weeks this deal will be done (assuming no issues) and heads should be around 7c or 8c on cash backing) and oppies 1.5c behind that.
Am I missing something?
SSN Price at posting:
4.7¢ Sentiment: Buy Disclosure: Held