Nova Eye Medical (EYE) Discussion, page-709

So, if the long term interested posters can add anything, EYE recently placed 25,000,000 shares a 18 cents, many went to directors (1,500,000) and about 2,000,000 went to Jenny per their substantial holder notice. That makes for about 21,000,000 in invisible hands who can sell without triggering any notice? Do we know who those 21,000,000 went to?

The cynic would say Salter Brothers might have a decent tranche and their recent declarations are to encourage retail interest to offload for a tidy profit. Many others might be doing similar given the huge gain in a short period?

That would imply a lot of volume to chew through before any move up could be construed as sustained?

I like the story here and the future potential but would be reassured if others could give a good reason why many of those 21,000,000 shares won't be looking to sell into recent interest? Also happy with the technical setup currently, just seems like we need a lot of sustained volume to put the recent raise firmly in the rearview mirror.