Dradam, I don't know who was so keen to sell at 10c and below the other day but when news comes out a day or two later it always worries you that the seller might have got wind of bad news ahead of the market. More than likely, though, it was some poor sod whose patience finally gave out. If so, and the news is good, the poor schmuck will be kicking him/herself for not hanging on a couple more days. Too bad s/he won't get any sympathy from the rest of us - we certainly didn't appreciate half-a-million being tossed out so low. Mind you, I'm sure the buyers won't be complaining - what a time to buy in or top up if it's the news we want!
What do others think, if the amendment's been approved; speedy jump in the SP to about 16c, with a further push in the following couple of days, perhaps to 20?
TRF Price at posting:
10.0¢ Sentiment: Buy Disclosure: Held
