You are assuming that these new insto investors are in for a quick dollar, and are not long term or cornerstone investors. Some may bail for a quick profit, but given the demand for the CR I assume there would not be many. Most likely the recent fall has been a combination of retail panicking about the release of shares, and/or those insto's who already have shares pre-CR sold for profit.
Also, the CR was "unexpected" and not planned so to say that there is no news based on previous histories after CRs is not necessarily accurate, and particularly given then the main game was to seek to get a licence in Malaysia, whereas now it is to prepare to launch - two massively different phases in the companies life.
We will get the payment gateways, banks and financing details in the next two-three weeks latest. $50mil doesn't get raised in a couple of hours on a small-cap stock that doesn't have some huge announcements coming up - no way, could they have made insto's part with their money without a carrot coming up.
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