If the TH is lifted Monday, what do you think the SP action will be?
Total crystal ball here but I'm sure some posters have studied the charts thoroughly and done the calculations including the CR so what do you think?
I think there will still be a solid buy side to start and shares will trade at and around the last closing price but may head down on DT activity, won't stay down for long though once it starts gaining traction again and the hopes of another ann coming in the near future.
Even though there will be funds raised and shares sold at 12.5c those people will want to make profit if they sell so the price will still need to go up for that.
Personally I'd like a detailed ann explaining exactly what the CR is funding and why they decided to do it now.
ADO Price at posting:
15.5¢ Sentiment: LT Buy Disclosure: Held
