42 million shares issued to the vendors, someone mentioned this was going to happen.
While today has not been ideal, its better they issue such large amounts of shares on a day of a good announcement. Will help them flush through quicker.
Asgard and Slipstream im sure are not completely stupid, so its unlikely they will sell the full allocation all at once. There were some pretty big sell orders pop up during the day, it was clearly them. As we have not seen such big sell orders during the course of the last few weeks that were intended to get hit. Most of the sell side is just props. There is only one reason you stack the sell side so heavily, and thats to accumulate lower.
Just remember for every seller, there is a buyer. By the end of the week we will have a clearer picture from broker data as to whats going on.
DKO Price at posting:
7.4¢ Sentiment: None Disclosure: Held
