todays action, page-3

thelynxx,
Thank you for your reply.
1. This was not just a 3B ann. It was a "3B/Placement" one, and that ended up being price sensitive.
2. You are making a bold prediction imo of $1.00-$1.30, and yes, some might see that as downramping.

While what you have posted is credible in some respects, including the upcoming share issue, it completely ignores a couple of reasonably important facts:
1. The company is going to be producing income in a relatively short period of time
2. The number of shares on offer relative to the value of the company even in the medium term will be justified, imo, by the value of the company.

That's why medium/long term investors don't worry about short term fluctuations. My posts were actually questions that point to the crazy movements in the sp and attempted to explain them.

My bold prediction is that yours are way off the mark. The sp will rise quickly once those adjusting their positions leave the scene. Our share market predicts in general, not just reacts.

Thanks for your input nonetheless.
ST