I think there are many on the sidelines just in case it does move down to that placement price..but 5 million bucks worth of shares is literally 3 million shares. It's not many at all. Can we really judge 287 k traded today as a means to say we are heading back to placement price or below? Who knows. It's another opportunity to buy more at market if you werent offered any in the placement.
volatility, page-19
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