"Its further large money backing that hasn't really been there until recently"
Well, they had 2 Insto's take a 75m share placement at 0.04 on 12/4/18.
https://www.asx.com.au/asxpdf/20180412/pdf/43t4mxp0464df1.pdf
The SP went from a high of 0.055 on the day is issue, 17/4/18 to 0.038 within 3 weeks.
I have seen T20's, imo, the Insto's could not wait to bail.
Why will it be different this time?
Ann: Options Underwriting, page-27
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