Ann: Trading Halt, page-219

It would make sense for retail to be buying on ex-deal date since they get little to no allocation in capital raises. This is fairly common.

I don’t think we’ll see that drop you noted - if at all. Kaddy is a big name in the start up community and both founders are both well-known to be solid operators. I know Rich Coombes from his time at UBS in ECM and worked with him on an IPO. He’s a really switched on guy and will no doubt still have good connections within investor circles. Anyway, it’s a good transaction and the Kaddy team are incentivized with additional DW8 shares if they continue to grow out the marketplace.

Won’t drop below 6c IMO. Book was heavily supported on the insto side - Dw8 management joined in the raise too, showing further belief in the business.

This transaction further validates the partons acquisition and I think we’ll finally see it reflected in the SP. I genuinely would not be surprised if the share price pops tomorrow.