A lot of the selling since the announcement will be holders like myself who already have a large amount of skin in the game and don't have enough cash lying around to take up the full allotment. So any sale above 1.7c will be good enough as they'll put the same money straight back in at 1.7c with the added benefit of some free oppies.
Kalgoorlie Miner article 11th April, page-4
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