All it would take for existing retail holders to be falling all over themselves to fill the subscription would be one of the major shareholders to provide market support below 5.5c (maybe with the help of some positive news).
Not much to ask to complete a $6m raising.
I guess the SPP would probably bring most retail investors averages down to around 8c, so any move above that would see everyone happy again and the options providing cream.
We could be in the black even if the WA drill fails. If it succeeds however, shareholders will be popping champagne corks.
All it would take for existing retail holders to be falling all...
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