Add the $150MM to future production (short term) and market perception may support a 15% rise when trading resumes!
With market approvals pending, SAN may not trade tomorrow.
Would have been encouraging to see the "bought deal" somewhat higher, but that takes "salesmanship" (al la Peter Munk! And even he took a lifetime to crack the "big leagues!") something SAN's management has never demonstrated much of.
Control is "slowly" slipping away form present management, which, IMHO, should in itself raise the price into a much higher range!
My guess is within the next week SP will reach for the $5.00 level!
RUF