Most of time it is dumped and rinsed and repeat by the sophisticated investors for companies that need money but have no prospects.
Lets see if BB has done his magic again during his travels and raising to sticky European, US, Asian investors this would not leave much for the sophs to dump as the raising wasn't really that big.
I would agree as stated prior it would have been wiser if BB went to a global broker with bigger clients rather than stick with Hartleys or Aesir during there consistent distribution. Cannacord would have been good.
Anyways whats done is done and CLA is derisked and LT this should be a keeper for many more bags
Ann: Letter to Shareholders - Share Purchase Plan, page-55
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