Acquisition of Highly Prospective NT Lithium – Cobalt Project Placement to Raise $2.1M, page-68

Well all the stock has now been issued as part of the placement and also the consideration shares to the vendor

Keep in mind that the vendor shares were issued at a deemed price of 3.5 cents per share.

Current price = 3 cents

I also keep going back to this original announcement


I am of the opinion that this has been held back on purpose for whatever reason, but its a clear tactic in play.

Vendor shares currently under water
Placement shares currently under water

Yet the placement was heavily oversubscribed... doesn't add up.

Going back to when the share price was BELOW 3 cents from the 27th of July to 10th of Oct

Here is the broker data and chart



And broker data since the data of acquisition



Seems to be a bit of a trend for who the main sellers are

But essentially most of these brokers are selling for a loss..

If anyone else feels like deciphering this more, please feel free !