i am trying to stay grounded and only use the bits of data we have, eg placement price, oppies, number of shares etc, to try and work out what would be likely achievable in a worst case scenario (eg resource is nothing to write home about or market shows little interest).
my presumption is that anybody who is clever enough to pull of a backdoor listing is also clever enough to ensure that certain price targets are met.
in short, i will sleep easy even if we only see 3c by november (based on option exercise price for novemeber). but i would also not be surprised to see 5c, seeings how a few people have thrown that around, surely not a coincidence?
FUT Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held