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25/07/15
12:39
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Just curious as to where everyone will think it will open on Monday.
I would hope there would be some sort of update announcement prior to trading to inform everyone of the next steps the company is taking.
Will there be a mass exit? potentially overselling at open and it slightly rebounding by the days end?
I'm going to be stuck in a meeting all Monday morning so I now have to weigh up whether to stick it out or try sell out at an unknown price.
Personally I think it will drop down to $1.30 at open and rebound to $1.50 (but I'm a rookie and have no idea).
Cheers, FT
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