It will run, and it's tempting to sell pre offer, but look at this way:
-If you sell out on Monday on 1 cent (pre offer) market cap is $7M -If you sell out after the offer, double the shares on now on issue, so the same market cap of $7M will equal half a cent.
So if you think AAF will never be worth more than half a cent after dilution, after sale of smelter, new projects etc, perhaps you would sell out.
Do you really think $7M is the limit for AAF? This is tiny and this type of share can run in a big way.
IMO best time to take a punt on a small cap. The US recovery is starting, a few announcements combined with the DOW surging - this new tide will bring all the minnows up with it.
Raks already mentioned NEU, for an example of what can happen.
AAF Price at posting:
0.3¢ Sentiment: ST Buy Disclosure: Held
