My theory is that there will be less willing sellers below 20...

My theory is that there will be less willing sellers below 20 cents, due 20c being the cap raise price, and therefore a psychological line in the sand between profit/loss breakeven. Also it was a value that was deemed to have a margin of safety by underwriters etc. Buyers will have the opposite feeling - that below 20c is a bargain.

So if my theory is correct we might have moments where the stock is trading under 20 cents, (especially at the closing suction, oops I mean auction, where my experience suggests money is being expended to have the SP close at the lows of the day), but that bidders should quickly take advantage of these moments. Wish I was more willing to miss out - would have got a better price.

We'll see what happens as always.