history tells us that is bad advice. If the buyout is the end game then the sp is irrelevant right. The measley amount existing shareholders can buy is not going to make any large moves. Everyone is so underwater why would anyone buy at .22 when no news has every moved the sp and you can just wait a bit and buy 20% more. Every cent counts for us longs. And you thought we were on fire two weeks ago at .22. How are those buys doing for you now? I am still waiting for the right time, then I will make another large purchase there just is no rush. I am confident we'll see .15 and I hope so, maybe less. It's about lowering the ACB for us all now and every cent counts.
a penny difference at this level is 5-6%. It's quite a bit.
I doubt it goes lower than 15. I had my 15 cents bid for a 6 weeks and nothing. It literally stops at 16.5 cents.