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10/12/20
21:59
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Originally posted by Steadygrowth:
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Nope, you’re not going to find out who the flippers are but you will see who in the current Top 10 holders took part. I’m expecting to see a couple of notifications for change in substantial holdings over coming weeks. Pretty confident people waiting for 750m to be dumped are going to be massively disappointed. Only my opinion but it feels like this raise was mainly to allow biggest holders to increase their position. Clearing the debt is always welcomed but not sure they needed to raise $3.75m. Will be interesting to see updated Top 20 next year...
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Yeah increase their position VERY cheaply if this is indeed the case; one fifth the cost that the 3.5 unsophisticated unSophs DC's paid