A quick question, I just re read through the the announcment concerning the capital raising, and couldnt find a record date for eligibity in the Tranche 2 placement. Im assuming that this is because one hasnt been set out yet. Would people expect this date to be announced beforehand, or will there simple be an announcement stateing a date which has already passed?
Also, i would like to get peoples opinion on the shareprice post placement. There seems to be alot of people on these forums getting excited about hitting 8c. But surely one the placement goes through, there will be alot of people selling into 8c as that is a 33% increase.
Also i would have thought that there would be people happy to sell back into 6cents and effectively get them selves free options?
Anyones thoughts?
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