"you have your theory but I reckon it was the "we were shafted 1.5 placement", same thing will happen with "we were shafted SPP shortfall" I'm selling on Monday."
Shuicai my friend...shuicai...
The SPP is been done at $0.0205.
SP is currently trading only just a tick above it at 0.022.
NO GROUP TAKING THE SHORTFALL WOULD TAKE THE RISK OF UNDERWRITING UP TO 200MN SHARES TO TAKE A 5% PROFIT
LOL
THEY WILL BE TARGETING 200%+.
IMO, watch for them to run it up!
Regards,
fm
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