Hi Mr Delta, thanks for that. Confirms my suspicion that it may be their Sophisticated investors that are selling, the ones that they bought with them during the last raising. These guys would normally be tapped for a capital raising and would normally look at exiting in short term so that they can participate in whatever capital raising their broker had next on offer. So RAP delays may have meant it was going to be too long for them to hang in and exit at a profit, so they cut losses and run to the next raising.
Just a suspicion so hopefully my discussion doesn't unduly influence these sophisticated investors. But lets hope they read their brokers report.
Thanks
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6 | 171107 | 0.083 |
1 | 9036 | 0.082 |
2 | 47358 | 0.081 |
1 | 22313 | 0.080 |
Price($) | Vol. | No. |
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0.088 | 25752 | 1 |
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