No holder is considering buying at market atm that’s for sure. I’m connecting dots between the money flowing in from the very recent capital raises.
21/11/22 - Epirus buys 18,500,000 shares @ 20.00c total value $3.7 million
21/12/22 - An exact month later, record $11 million order signed.
9/01/23 - Another $11 million dollar order.
06/02/23 - Sophisticated investors buy 36,300,000 shares @ 30c. A 50% premium on the price Epirus paid not even three months prior. And they were quick quiet and fast to do it too, so that says something in and of itself.
13/02/2023 - Added to MSCI Global Micro Cap Index. Almost ridiculous how soon after the raise that was. Obviously, its easy to calculate the dosh you need to move up the cap ladder, but you need to know you can fill it first and well, its obvious now to me so i hope it is to you.
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Ann: Share Purchase Plan - Offer Letter, page-26
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