M7T 1.82% 54.0¢ mach7 technologies limited

Ann: Trading Halt, page-18

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  1. 23,532 Posts.
    lightbulb Created with Sketch. 1482
    "Institutions got their fill @68c and now selling it at roughtly 92-95c"

    and yet we've had two different funds buying on market well above the CR price

    and that's only the funds with sub positions, there's likely others accumulating as well. They are well aware that current holders would have sold by now if they wanted/needed to sell to fund their rights, there's no reason why there will be any selling pressure once the rights issue is done
    Last edited by Hingdog: 25/06/20
 
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