Ann: Launch of $70M Entitlement Offer, page-100

yeah, timing a buy in is key and i don't have a golden solution. retail seemed to go buck wild on delta around 44c. Long story short majority of those in at around 44 who want out will be out as soon as they can. I'm waiting for a volume indicator between 40 - 44.
I'm up in the air about waratah but if they go from on market accumulation to off market sell they'd want to break even. I'd hate to be the manager of that portfolio ATM but it's all under lithium royalty Corp and delta's a small speck. I'm not sure what waratah and idemitsu were chasing. They might be happy with their positions or non participation might be the precursor to them selling.