Most holders I know paid 2.5c in placement and then again at 4c this is all pre re-con and would be equivalent of 12.5c and 20c.
They took some of the .004 placement now 2c equivalent to try and average and most of that line that went at 2.6c went to old holders.
So work your numbers from there but I know a lot of these people are 3-5 year invest strategy people........I feel the resistance will be moderate all the way to double figures.
Hope that helps Furniture.......and never bet on the horses, my mum told me Gai Waterhouse and her family run that business....LOL!!!!
CGP Price at posting:
3.5¢ Sentiment: Buy Disclosure: Held