is some party holding back the sp ?, page-6

Now the SPP holders are selling to finance take up by the 7th of May.
SPP is 5 million shares so IF the sophistos have now been washed out? Now looking at some part of that 5 million coming on market for 'financing"

Thing is assuming the sophistos have been cleared out

1] How many Applications are already in? A "lot" could mean early Closing b4 7th May. It can happen if there is a clear over subscription.

2] but will there be an Overscription? Are existing shareholders long termers willing to shell out 30 cents on a share that was trading 10/20 cents just awhile ago?

3]Some long termers may be Magnesite or even Gold freaks who bought AXE for these.They may not be so "excited" by Graphite and maybe not favour activity/company cash being dedicated to it.

So keeping the share price as near as possible to the SPP
30 cents til closing date 7th May may be a 'ploy' to keep the small fry out of the Accumulation Loop.Discourage participation in the SPP.

There's a conpiracy for you
but mainly imho it's the small holders shuffling their finances,re weighting it's called;in anticipation of a SPP "bargain".

ain't share trading real interesting psychological warfare wise?
ya gotta lol.

happy trading