Ann: Share Placement and Change in Board Composition, page-9

Yes, that's a fair point, though of course the SP is always a result of supply and demand. The handy thing with BTC is that there is accumulation occurring - several directors have been doing so, I have accumulated a bit over the last couple of years, and I'm sure other holders have done too considering the market depth at the minute. Admittedly that can change at any time, but given the 50% jump in SP just as a result of the placement I think that's an indication of what this stock might do when we get an announcement as to what they're up to. Anyway, time will tell.