Maybe they realize that they could make another 300-500% from these levels.
I bet their ignorance demonstrated by not arranging an off market discount, (shares 26c, offer a broker book build at 18c)
Instead they got hammered. Perhaps they thought ignorantly they would all get 20c from market selling?
1.87c cost base.
6-7c made 350% profit
11c made 500-600% profit.
Buying for 8-9c into 35-1.00 ?
Register Update, page-16
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