You do realise the placement shares haven't even been issued yet? It's not the sophs dumping, it's retail having a sook and following each other out the exit. You think sophs would dump below the placement price?
I took the placement (which I haven't received yet) however I've been adding below the placement price as it will receive considerable exposure once the rigs are spinning (thanks to Quinton Hennigh)
WRM Price at posting:
46.5¢ Sentiment: Buy Disclosure: Held