i still think $2.25 is on the cards. the premium offered for when we were trading at 80c is quite impressive, but we briefly traded at $1.50+ before the qld floods.
i dont mind the silce from the company at this stage, but i seriously think we'll go into a trading halt in the next 2 - 3 weeks, and then get hit with a higher offer or offtake agreement.
yes, $2.25 is a 69% increase on the current offer, but we had been manipulated so far down to a ridiculous level that any offer was going to be seen like a good one.
hold tight and we will be looked after. just remember that some board members have options at $2.00, and getting an offer above that is VERY worth their while.
good luck all.
BOW Price at posting:
$1.55 Sentiment: LT Buy Disclosure: Held