All, Time for everyone to slow down and think.....
I'm not sure what the 5 day VWAP was, but at a guess it would be around 21c. With the closing price of 22.5c, and lack of shares on issue (hence supply side in trade is low), I would be very surprised if the raising is lower than around 19c. In fact, I would expect it to be in the early 20's.
Remember the SI's would be privy to strategy and potential volumes and "dirt" value, so if it is really a gem of a buy we should expect very little discount.
Guys, DYOR.
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All, Time for everyone to slow down and think.....I'm not sure...
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