I think Lind would be very lean on shares now. On the 25th of June they had 16M shares and I'd imagine they've probably offloaded a large chuck of those since then? Lind don't have to worry about dropping the share price at the moment because mamagent have done the work for them (through missed timelines resulting in retail selling). I'm expecting them to convert more in the next few weeks.
Ann: Operations and Development Update, page-149
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