Strange reaction DJ, my take is that a lot of traders were punting the news and got out once they saw no real support or interest for the ann.
Matter of time before this news is fully digested and the true value comes rushing back into the SP, a property friend has done some back of envelope numbers and he believes we will have a market cap of $60m as this deal comes together…….at the moment we are at $7.5m.
Happy to buy more at these crazy levels, a bounce will come IMHO.
Please DYOR
Ant
SOI Price at posting:
0.5¢ Sentiment: Buy Disclosure: Held