It takes not to long for sp to get to 20c (options exercise price 20c). Its usual the share price is not appreciated for a while after the Share Placement.
However, the selling volume is not to high after SP at 13.5c (60 mil), which means Patersons clients are not willing to sell at that price (stop loses were triggered - me think). After all there are only 290mill shares on issue. We have to be patient.
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when qmno?, page-19
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