I wonder who these sophisticates are?
They accepted the cap raising at 6c (at a ~15% discount to market) to quickly turn their new shares at a profit... pity it hasn't worked out well for them, are they now dumping below 6c? I'll catch you guys at 2 cents? 1 cent? who knows what you'll offer, any price will do to sate your paper money addiction.
Speculation on my behalf :) but at least the company managed to nab a few hundred k from them :)
capital raising, page-9
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