Ann: 102 MT INAUGURAL DREDGE MINING MINERAL RESOURCE ESTIMATE, page-37

Sorry didn't get your comment completely. DRP was calculated between 17th March & 31st March inclusive and that is the reason there was BOT playing on the seller side during those dates and price wasn't moved between those dates. It was playing between 17c to 18.5c (except on 31st when it reached 19c) so DRP price will be around your guesstimate but what i don't understand is arbitrage part... ! if someone sells it before 20th April (Record date) at 20c then how do they get shares for DRP?

IMO that 1,000,000 shares on offer is highly likely from retain investor because normally instos break their parcel in the small quantities ... !

I noticed few offers from BOT today as well... !