Ordinarily I'd think those 7.4m shares would have already been fully offloaded by now. Especially since the current prevailing SP is well-above the prevailing 5.5c when the Facility was originally announced on 07/10/20.
However, management said it would update the market upon completion of the sale of all shares under the Facility (per 01/12 announcement), so I'm left to think they're not quite finished.
Odd really, given the overall traded volume of over 220m shares since the Close of Facility announcement on 01/12. It somehow doesn't quite fit with the CoSec's statement that "The sale of Poseidon shares under the Facility will be conducted as soon as practicable...".
Maybe we'll get the confirmation announcement later today, after this exchange (lol).
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