"Drawdowns are conditional on the VWAP of the share price being greater than $3.00 (15 days for the first draw down and 30 days for subsequent draw downs)."
I stand corrected. Thanks for that.
I think he may have put out that announcement either way in any case. He would have been getting calls from investors seeing the price down and wondering if all is on track still. It would be unfair to re-assure those investors calling him, that Europe is still going ahead soon, without announcing the same to the rest of the market. Continuous disclosure applies.
MWR Price at posting:
$3.07 Sentiment: Buy Disclosure: Held