there would of been a lot of shareholders who applied for the whole lot not expecting to get the entire parcel of shares they applied for. one of the very few times I have seen management look after share holders over sophisticated investors. They were oversubscribed in the first round of this placement to sophs and they never gave them the additional shares.
as per normal you will see a sell off and sideways movement as shares are locked for profit but I think this won’t happen for long. The performance of big brother over the last two months shows the potential of Z1P and quadpay. I’m expecting a few updates on quadpay shortly which should really bring about the rerate and bring Z1P back into the limelight.
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