I wasn't going to risk trying to wait and see if it is going down any further friday so i bought in as it is only a fraction above the very over subscribed placing now so very derisked , i think a lot of investers and funds will be looking at this price licking there lips at the same time of getting in for a good pricewhen they couldn't get any in the placing so i can see a very big bounce coming, CONCLUSION get in while you can get this low price.
seeing as the placing was very over subscribed there are institutions willing to pay this price, There is something funny going on around this price and i am guessing it is interest from institutions
there are a lot of jealous fish circling this share, Anyway back to the re-rate i have noticed that when a share re rates it normally has 3 very good days and then normally starts to level out and rise slowly after that so 2 more really goods days to go here in my reckoning and looking very much forward to tomorrow. GLA