bells finished selling

Bell Potter the only seller by the way, they have sold 35 million shares at 0.06 since the placement shortfall was announced.

They said they would issue no more than 400 million shares to current shareholders, they said the issue would be underwritten. The Appendix 3B shows they ended up printing 320 million shares (270m taken by retail) , so that leaves about 50 million shares in the hands of Bell Potter (the underwritters), which by my maths they have virtually finished selling. Of course there will be some retail guys who got $15,000 of stock at 0.052 looking to make a $2,300 turn by selling at 0.06, but hardly serious money , they will be looking for much more.

So me think a pop is brewing.

Good Luck