well, you have to ask, how many people who bought, understanding that it was a court case, that comes with its usual delays, would do a turn about, and become impatient and sell?
And then you have to add to those, how many longs, actually recognise, that this month or so, whatever, is actually expediting the renewals process.
So when you weigh it up, while it on one hand, might drag out a month? on the other, it brings to a head, the very resolution, the renewals that has casued the sp to get trashed.
Lets see, if there was no court case, no renewals for the next 6m???
Alternatively, court case, and renewals brought to a head.
Its a question, as to why people would rush in and buy when there is a court case on?
Doesnt add up. No-one buys when there is any serious legal issue pending.
What does add up, is that they rush in and buy, as it is the catylst they have been waiting for.
Thats my take, and imo, a few more will be prepared to wait that extra month than are prepared to be so flipant.
Off course, i'd love to have grabbed more for .007 and .008 when i did, so i wont argue against anyone who wants to sell me a sub 10c price, but i wont hold my breath either.
cheers
MLS Price at posting:
1.3¢ Sentiment: LT Buy Disclosure: Held
