In fact,The price didn't drop but instead sky rocketed up to a high of $5.03 ,the Bull is fully in control.
NAV $5.90.
I think the TERP is roughly between $4.16-$4.40.
Is amazing to notice how the price action movements being transacted on 6th May plus super high volume, looks rather bullish!
The Rights will be trading from 13 - 21 May with an exec price tag of $3.00.
Short term wise,I think price May likely rise again to retest the recent high of $5.03.
Not a call to buy or sell.
Pls dyodd.
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