Where all those gone who paid 20c back in September ? 145 mil of them.
Fact is no one did. Apparently they got CON NOTES converted.
Well what did they pay for CON NOTE ? Bugger all, as the name itself says. Meaning next to nothing. Then it became 20c.
Sold the lot to retail on market. With that money they bought back at the CR now. Using your and my money they increased their % holding. They will repeat it few times over. Retail portion is still sitting. They might get a further bargain on it, going by what market is showing.
They are the market !!
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