I think SP will be capped in 7c ballpark until SPP closes in Aug (unless major appreciation in Poz/resource expansion)
The new register will be tightly held with new and existing insti investors holding 80% of SOI. This is a big vote of confidence in company prospects.
On the other hand it's hard not to arrive at the conclusion retail shareholders got the dirty end of the stick here. CR was lowballed to our detriment. Management did a poor job protecting our interests.
HRR Price at posting:
7.1¢ Sentiment: Hold Disclosure: Held