Only 4 holders above 5% to classify as Substantial Holders. The low end of the Top 20 are holding 10m shares each - this is only $100k, but I still doubt any of them would be messing about day trading.
Even 40m shares traded is very low liquidity. Punters messing around with $10k worth of shares (1m) trying to make a quick $1,000 - nobody should be overly interested in that small fry. Having said that, there is some seriously dumb money around these days, so I don't doubt that even such small plays will suck people in.
Has anybody discussed the possibility of a CR for the $9m coming up soon? It's not a great deal of money, but it's also nearly 100% of the mCap and would be a serious dilution. I'd assume the top holders / insiders would double up. Is some type of debt funding an option?
TMK Price at posting:
1.2¢ Sentiment: Buy Disclosure: Held
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