A recent addition here after seeing your XTweet last week - thanks for that. Then looked at my chart watchlist and realized I first had this on watch in January and had forgotten about it! Doh!!
Anyway, better late than never. A couple of observations:
1) 74M shares were released from escrow 28 Sept, which oddly was a Saturday. These were the Flash Metals purchase shares from January.
2) Since then - 28 Sept - approx 75M shares have traded excluding CBOE.
3) Of that total, approx 32M shares have traded since Tranche1 was released 21 October.
Considering they did the raise 3 weeks after the escrow shares hit the market, and the placement was oversubscribed, it speaks to confidence that despite what might ordinarily have been a heavy over-burden of shares weighing on the SP, there was and still appears to be a significant appetite for shares post-raise absorbing much of the escrow shares as well as Tranche 1.
Also found this over the weekend, from 20 Aug, which you guys no doubt would have seen but can't find any mention of it here:
James Tour's latest innovation, Flash-Within-Flash Joule Heating whereby they can "now flash synthesize the rest of the periodic table. It is a big advance.”
I have dropped a query to IR to see if FWF is included in our license, and if not, will it be? Apologies in advance if this has already been covered. Commnets appreciated.
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