Could hit $1.10+ because of trading in those days. on't forget that day traders will be looking for stocks with high volume and volatile movements. They could push this to $1.10+
If they get $320million that is big news you have to admit.
Also they still have one tenement left (which I do admit that its in early stages)
The market may use the $0.90 as the base rather than the cap
Anyway that is up to the market. Could trade above $1.10 or well below it.
If you look at PNN it hit $3.80 at one stage on SinoSteel paying up. Their deal is no-where near the $3.80 valuation
Anyway if the share price goes higher than it is good for all holders
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