A "play" has clearly been flagged here...
The terms of the draw-down virtually guarantee this will see higher volmes and likely higher trading ranges in the period ahead, not only because it will now be released from the "pressure" clearly applied to suppress the stock in the lead-up to the funding deal, but also on the back of the need for drawdown stock to be washed through the market, which has a much better chance with high volumes and riseing prices which attract the retail end of the market.
Some nice swings and nice trading ranges available here over coming weeks/months.
One to keep an eye on once the initial flurry settles.
Cheers!
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