Cancun have added 55 million shares since 13 Feb, perhaps that's why they were approached from Nick for the 105 million raise. They obviously wanted in, and with the volumes that have been traded it would be fairly difficult to take a stake that big without arousing suspicion. If they tried to purchase on market then the volumes would have sparked interest that would have driven up the SP perhaps to a level where the entry average would have exceeded 0.0143. Not everything is sinister. I think it more likely that they see the big picture. It has been 8 business days since the raise, hardly a massive amount of time would you agree?
I notice your disclosure is not held. You spend a fair amount of time around here, just wondering what will make you jump on board? Is there any particular catalyst you are waiting for?
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