I did say a few weeks back when the SP was around $1.50ish that instos would be better off paying up and letting it run to accumulate a larger position prior to the next set of announcements.
What they weren't counting on was the announcement released yesterday to the market and now find themselves in the same position wanting to accumulate more however at a much higher price and no one willing to sell.
Good luck to them but any sign of a slight pullback will most likely see many others jump on board or accumulate more.
GLTAH
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