Considering I did participate and already was an existing shareholder myself, my information comes from the horses mouth and participation, not random guesswork like yourself.
The main reason they use Soph Investors and Institutional is because they usually have access to larger quantities of funds very quickly, and its a way of buttering the institutional funds up a little, knowing theyll buy on market afterwards.
Yes some of them do flip their stock for a quick 5-20% profit, which in turn pushes the share price down for a short period, but thats how a few of them operate and survive as a business.
I know of a lot of retail mum and dad investors that operate similarly. So comment on fact not guess work Sircorp.
Personally I think this has a good run to come, especially drilling 2 assets at the same time and we will do well out of AOU.
Cheers all. DYOR and dont take everything u read on HC as gospil or fact. Quite often its a combination of part guesswork, bulkshit and fact, or manipulation in an effort to drive a SP down, where their waiting to buy.
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