Ann: Niuminco completes $600,000 Placement, page-6

I guess that's what im getting at.
At 5 cents now they might dump into it a little, but it would see them go straight down to break even of 4 cents where they will stop dumping.
The effect this will have in the short term is somewhat limited.

I will say that it would take a lot for this to get over 8 cents though...
150m shares is a lot of dumping and sooner or later it is going to happen...