I think the company has derisked itself even further knowing a professional is finally in charge. That within itself if handled correctly was worth a 10-20% rerate.
Instead the BFS and The new man in charge has been lost in the whirlwind of the Crap Raise.
It was handled poorly and I think we will play catch up with a rerate after the MC is delivered.
Until then I'm just gonna continue soaking up as many as I can loose shares being sold UNDER the crap raise price.
That puts me ahead of Ashanti and the broker and his clients in my eyes and that's a win for the little guys. Mop it up whilst u can peeps. it ain't gonna last forever and when the EGM is announced and provides extra clarity around the Tranche 2 Options vote, we can then make more of an informed decision of how to play it.
Cheers all, not long to go IMHO
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