Noticed from an earlier announcement that they have used Mac Equity Partners in Perth before.
Since Wednesday when the high volume action started, I wondered if some of the sellers were the investors who got shares before and were selling to raise money to participate in this CR.
However, with only $1.5m available to them in this CR placement. They may find that they may need to buy on market to re-balance their portfolio?
We will know over the next few days based on the sp action?
Ann: Mutiny Gold SPP and Placement , page-23
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