There was definitely some downward pressure late in trading most days last week, so it had a feel someone was in a negotiating mood.
If it is a small raise, say $1ish million then that will take care of the naysayers who were questioning the companies ability to roll out commercialisation of the product so I am comfortable with that.
Would certainly be nice to see some big hands take position as have done in OSL (Buttulla) and ISN (Mathieson)...........that would certainly give me confidence on where we are headed.
Only 2 days to wait, my bet is the SP will fly as the Vwap for most days was around 4.6 last week.........
GL to all holders.
Ant
CGP Price at posting:
4.2¢ Sentiment: Buy Disclosure: Held