Leaky ship because of sp volatility ?
Well then half of the asx has leaky ships imo.
IOU just completed a 100mil shares CR for $50mil - there was bound to be sp and volume volatility when you see a CR this significant. This IS NOT the typical $2mil dollar cap raise to keep the lights on which is typical for many of the asx penny stocks out there.
PLUS there is just about an avalanche of news due after 6 months of hard work development by IOU and the team we are now on the cusp of BNPL launch - punters and investors would be getting ready now by the looks of it.
Does not surprise me 1 bit if we see a SPT or Sezzle style run in the not too distant future imho.
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