RE:RE:News ReleaseYes, 8-10 cents is where my realistic hopes are placed and also would prefer to see financing done at this new revalued level, but I believe that the deal and financing will be done at the same valuation at a lower average over some recent time period.
Also think share consolidation is positive if nothing other than optics of higher share price and lower outstanding share count.
As far as timing of the release, I would say it would normally occur next day and especially so as over a weekend, but with delays being as they are with this one, it may be longer than the norm.
Have to believe there are a fair number of holders who just want to get out with cost base or new owners taking profits,so may see some heavy selling when price rises above the 8 cent level, but I also have to believe there is good reason to stick around for a further catalyst and price valuation, so I'm not jumping off too soon, after this long awaited event happens.
GLTA