I am salty about this trade so i could be more rational. The fact is the brokers pumped this to retail and only sold IPO to clients, Then i bet alto capital told there clients to sell then the director sold resulting in retail investors taking the fall. The turning point for me was IPO clients selling at a loss any thing sold under 20c was a loss.
Back door listings are shady at best and Alto capital in Perth has done this before, I guarantee some brokers and friends in that office made a quick 2x to 3x profit at our expense.
I dont want to carry on like one of them guys on HC, IMO this will only get worse i can understand supply is drying up. But that 45mil escrow is what is going to bring everyone down, A quick question when the escrow shares are released do you think they will hold or sell DYOR
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