Don't take my word as gospel, but I think you should give it at least 3 days, and don't forget Anzac day. There could be a few others with the same idea, so could move the price up a bit.
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If they waited a few days for that report, they could have saved some money on the Directors share option plan.
Will watch tomorrow with interest.
I'm in. I see the SP treading around what it is with the odd dip for participants to sell to get funds ready. Maybe pick up some more if goes down close to 0.12-0.13, but think that's wishful thinking.
Unsure what happens with allocations if it is oversubscribed?? Pleased with announcement.
Agree Moosie.
However I don't put this stock quite in the same category as DIL and XRO (and a couple of others out in ASX land). I see differences and there is also a gut feeling that I have with this one, even though I do like the space they are working in. Saying that I'm a long player on it still though ... just controlling my exposure here.
I think it would be risky selling down at 15 / 16 and buying back as I'm sure there will be some scaling and you may end up with a lot less shares than you planned. It will only take 130 odd shareholders to put their hand up for $15K each to reach the $2M maximum.
Personally I think they will easily fill the $2M and we will be lucky to get 50,000 additional shares so won't be a great opportunity to average down.