Assuming they bought those shares at 4c, which is discounted for the price 1 year ago. They'd be looking at a minimum $2.6million loss, sp will hit 0.1c before they could dump all stock so they'd be lucky to even get 2.8$mil
What's the difference in a few months if they were to dump into the next pump when it means a potential double on their roi.
Sure tax loss but why take unnecessary losses at that sort of money when even blind Freddy can see this will cop another pump.
Ann: Market Update, page-144
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