Fair enough to challenge it. I would have at .002. Maybe they...

Fair enough to challenge it. I would have at .002. Maybe they were concerned that at .003 it would be undersubscribed

I don't really have an issue with management or the funds that back these high risk micro shell plays making money in the process, I think it gives incentive to get them over the line. There's obviously so many moving parts and legalities, things need to line up, and on tight budgets and timeframes, with clearly very observant shareholders follow personnel and shareholdings in the meantime.
It's their reputation on the line and when they don't turn out like many don't then you can see the result.

Obviously if they had desires to go in another direction or attempt an RTO, they would not have wanted a big shareprice spike on speculation and a oversized MC size which pushed the end valuation out of spec. This could explain keeping a lid on the S.P.



All just speculation from me.