a different point of view, page-3

I am very interested in the comments that you have noted.
We know that Baillieus put out a buy recommendation and 12 month target figure for the share price of 45c on the 3rd July, which was more than 2 weeks prior to MPO going into a trading halt to arrange the placement. But did Wilsons put out a recommendation? Nothing has been stated on this forum to that effect, and I would be interested to learn if they did and if so what was their target price?
Do we know for sure that the brokers involved with the placement are embarrassed about their involvement? I have not heard this before.
The placement went to individuals, private superannuation funds and some institutions and most of them accepted the legal conditions of the placement (being the price of 25c). I am reliably told that there were a couple of instos who like to make "instant profits" that tried to have the price renegotiated, whilst the vast majority of acceptors are genuine investors (with both short and longer term horizons).
I fear that some of the instos have manipulated the share price down in the last month for the purpose of having a much lower entry price. Others have used the opportunity to average down (presumably in accordance with their belief about the stock as you stated at the start of your posting). A few instos have dumped the stock impatiently, especially those that were only interested in realising instant profits (which in this case turned into instant losses). The instos that took this action did so without a proper understanding of the CBM industry. They are able to do so, because it is always much easier to be cavalier with someone elses money.
But what is concerning to any long term holders, if they look at the list of the top 20 shareholders and the statistics, is the fact that only 20% is owned by the top 20, so the share register is wide open and very vulnerable to a takeover.