P/dext, IMO, assuming all remains equal, you'll make...

P/dext, IMO, assuming all remains equal, you'll make conservatively 50% plus within 3 months at current prices as liquidity returns. It looks very hot, but it hinges on their fiscal skills and where little like ELK (bugger), a SPP would kill her. EPG has changed from a registry angle.

The only way out is a rights issue. They've stuffed it.

Look at WHE & ELK for example post issue. It's now time to buy the heck out of her. They should hav raised some time ago, but I do remember the vol. a few months ago. She's a sleeper atm when liquidity picks up re- share appreciation, she'll be chased.

IMO, at 13.5, even if the rights issue is at under 12, she'll be in the 20/30s in no time if we assume all remains globally on track. What is a concern is the possible underwriter, who it may be and why...

Just a few thoughts as I can't imagine a soph raising as it would not reward larger holders who will av down.

I'll be buying and I have watched her for some time

(alot).