This announcement coupled with the increased share price tells me there is a lot of support for Bulletproof in the wider market as for that many shares to be absorbed shows people want in.
A few months back an asset management company (or maybe a mining company?) sold down their stake in Evolution Mining (EVN) at around 90cents. The share price dropped a little and stagnated for a few days, but it has since gone from strength to strength. Even though it's a totally different industry (gold mining to IT cloud services) I see a common thread across both companies..... quality management. As such I see the Bulletproof share price playing out in a similar way.
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