I cannot agree- simple maths:
SHe had 25.85% by this morning, or 2.4 billion shares. She needs another 14.15% or 1.3Billion shares to get to your proposal of 40%.
4 Trading days left- 320 million shares to be sold at 4.2c either off market, on market (at 4.2c) or any cross markets. Per day on average
We havent seen those levels of trading for a while now, and the market sentiment doesn’t indicate to me it is about to happen too.
To put a different perspective on it- 5 times the ASX volume of today- 100 million per day everyday to Friday is 400 million or 4.3%- that takes her to just over 30% by Friday.
Or she needs to do something drastic, like stimulate the market. But 40% appears to be unrealistic
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I cannot agree- simple maths: SHe had 25.85% by this morning, or...
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