More like a factor of 20 once the placement shares hit the market - atleast $2 is my short term price target. Some will say that is even too conservative and accuse me of downramping.
I'll admit I actually got a little too excited and bought a few shares on market today because I feel a strong run is on the cards - I couldn't help myself! This will complement my placement stock.
And Darkshines, the board IS looking after shareholders - the ones that matter anyway. Trade4profit has explained (slowly for people like yourself) how the placement adds liquidity to the stock and is therefore going to benefit the company/shareholders in the short and long term.
Remember folks, this is one for the bottom drawer. Buy now and enjoy for retirement...in 3 months! It's actually my birthday tomorrow, so I'm hoping for an even higher shareprice to make my day. But I definitely will not sell - this will be one gift that keeps on giving.
Remember, once the cappers have had their fill, off come the brakes and this will fly.
WTN Price at posting:
71.0¢ Sentiment: Buy Disclosure: Held