CRD must surely look like a great buy to most. Even if Petra drops back to 80 - which would be highly unexpected (it closed at 95 when it ceased trading), you're still in reasonable (and very fast) profit.
Reminds me of last year when CRD did a placement at 12 cents (while the shares went up to about 16 from memory), yet the placement was very far from oversubscribed. I thought at the time it would be oversubscribed and loaded up way too much and was forced to sell 25% of my allocation at a great profit.
As far as I'm concerned, these opportunities come along once in a while, and most people see just a very dull stock, or maybe the chart "doesn't look right" but diamonds is a great business to be in atm.
