Ann: OzAurum Raises $2.0M via Underwritten Share Purchase Plan, page-41

All i can see is immediate selling upon IPO and SPP stock hitting the screens and never rising above the price.. anyone have any thoughts as to why this pattern continues on OZM .. its hard to work out, why list at 25c and get dumped immediately and then do exactly the same thing with the SPP? the pattern is identical

Is it bullish or bullshit or is it simply a huge amount of seed stock making any decent run impossible, the supply is insane and always has been.. does anyone know how much cheap stock flooded the supply upon listing and if they are still in the process of selling it?