Last round of sophs is well and truely out. Any talk that they are the ones still dumping has no basis in facts. I don’t see how sophs will have the votes to swing any AGM vote one way or the other. All of this is just pure guess work.
Most likely cause of current SP? No opportunity for the thousands of retail who wanted to free carry to get out so people are derisking. More so as the weeks drag on with no real positive news. That coupled with no one buying as everyone who wants in is already in and we are all waiting for the results to get announced.
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