DSE 0.22% $4.52 dropsuite limited

Dropmysite, page-26

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    Regarding the SP dropping back to the raising price, it is certainly possible and I too have seen it on countless occasions. I expected weakness when we went ex rights and whilst I don't expect the SP to retreat to .005, I do expect it to get very close when the shares commence trading in March. There's no point selling .005 shares at .005 so I figure the lowest we COULD see is .006.

    We've basically issued 50% of our existing share base so there'll be plenty keen to cash in.

    Disclaimer: I do hold but only as these shares are free carried. Bottom drawer and hope for the best.
 
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