We may well see a fall to 21-25 cents in the coming little bit, but if the banksters/squid/inserthere etc have been essentially "given" a discounted share of 25 cents, we may well see some positive action (read pump and dump) to the 32-35 cent levels in order for them to profit, giving the retailers some upward momentum and optimism. Maybe? It's happened before with the likes of 88E.
We can explain away low share price but the reverse also happens. SGH and RFG anyone? I'd rather have upside in the distance than a steaming pile of excrement masquerading as a tier 1.
The problem I see is that now with the new deal, we have MORE risk than before. The outcome will be fantastic IF they pull their finger out and get cracking early.
We'll just have to wait I suppose.
Scott
PS. Thanks to all posters for their input. Everything goes into the mix and I appreciate the effort some posters go to to provide technical and 'broad spectrum' analysis and comments.
Ann: Capital Raising Presentation December 2018, page-55
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