The CR price has been known for months. To anyone who finds it as new information mustn't have read properly on previous announcements.
The CR stock has gone to a few parties who are not sellers, if public could get their hands on 3.1c stock then I would lean towards yes it's likely to fall to that level. But in this case I highly doubt it.
Look at the lack of volume and how fast anything that came on offer was eaten up in the 4's and 5's... we all knew the 3.1c price back then also but it didn't stop the buying.
This is my thoughts at least.
The selling may be a few who think they can sell out now and replace their stock with 3.1c stock... we might be seeing them buy back in higher once they realize they can't get any
NRR Price at posting:
5.7¢ Sentiment: Buy Disclosure: Held