IT makes no sense for Note holders to crash the share price by offloading all their newly acquired shares - as they have a second tranche to be released at a later date. They will want tp prop the SP up if anything.
A much better option for them (IMO) would be to hold on to them and buy more on market until next BMX/POSCO announcement is made...
Cheers
DYOR IMO
Tuesday 17/08/2021 - New shares being issued, page-53
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$2.88 |
Change
-0.040(1.37%) |
Mkt cap ! $8.673B | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 127610 | $2.88 |
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| Price($) | Vol. | No. |
|---|---|---|
| $2.90 | 103550 | 8 |
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