It's a good sign. Pretty sure once the dust settles we'll be sitting well above the issue price of 5.9c. It might take hours, days or perhaps weeks, but to me it seems clear this raising has put the company in a position of being worth well above 5.9c per share. I sold out in 2016, but this capital raising and the inevitable sell off at this time seemed like an obvious time to buy back in. If things go well I think 10-20c is pretty achievable in the medium term - poor sentiment and the capital raising has provided a perfect price-smashing storm, but compare the fundamentals and market cap with comparable peers. I'm glad to be back with the sundancers![]()
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