I respect your views Surges. I think it's something every holder needs to decide for themselves. If it's a pump then we can all benefit from selling and buying back lower. But we still need to determine how high it will be pumped and will volume allow us to sell and more importantly buyback. But if it's the real deal then selling will be a big mistake.
Regardless, the pump is positive. Virtually no volume at 0.1c and the main beneficiaries of a pump will be the underwriters/sophs. They paid 0.2c so IF it's a pump then they would want volume buyers at 0.3c which is still a work in progress on Fridays effort.
We can't complain about JP getting $330k @0.2c as we allowed it by not buying the rights issue. Same for the sophs. The positive is the "best endeavours" will now succeed.
So it's either a real re-rating and their is still time for newbies, or it's a pump. Either way it's a win-win. But both scenarios will be traded differently.
Tomorrow will be interesting.
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