Yes, What A Gas, when you see what appear to be very "convenient...

Yes, What A Gas, when you see what appear to be very "convenient coincidences" it tends to feed cynicism, especially when they don't come out with the (May) announcement that they promised and replaced it with a much more "material" and price sensitive one. We still haven't seen the May announcement.
But, the SP has, so far, risen nearly 33% in the last two weeks, so, the LT holders should be quite comfortable with that and most certainly with the content of that last announcement.
And when you look at the new substantial holder forms, 114 million of those 135 million shares issued recently went to institution buyers, 58.8 to Mason Stevens and 55.6 to Macquarie. There were only 20 million presumably for the SIs and those two late "strategic investors".

With those juicy 60% in a week spikes to 5.4 and 5.5, it would be hard to believe that the SI's would not have sold out completely by now and the only "losers" would have been the volume chasers which suddenly stopped to the discomfort of many who then had to meet their T+2 liability.

Looks like we might be settling into a more subdued, but positive, trading period.

And, yes, I'd very much like to see that "May" announcement (explanation).