If that is the case, why hasn't Jason Peterson exited?He was...

If that is the case, why hasn't Jason Peterson exited?

He was first declared a sub holder back in the Carajas Copper days:

https://newswire.iguana2.com/af5f4d73c1a54a33/val.asx/6A781832/VAL_Becoming_a_substantial_holder

@Snake26 if the trade here is pump in order for CPS clients to exit, why hasn't Jason Peterson done so himself but added to his position over the years?

He has had 5 years to do so given the price has been multiples of his average being 0.003 - first declared a sub holder with ~90m shares.

It looks like he has sold a few parcels over the years and has again switched over the sub holder threshold on 23 July 2021 with ~160m shares:

https://newswire.iguana2.com/af5f4d73c1a54a33/val.asx/6A1042744/VAL_Becoming_a_substantial_holder

Now if we look at the following 0.01 raise back in 2017 that i think you are referring to:

https://newswire.iguana2.com/af5f4d73c1a54a33/val.asx/6A812931/VAL_Placement_to_Sophisticated_Investors

This cap raise occurred 9 March 2017.

Subsequent to this raise, the SP did get pumped up and peak at 0.045 on 18 Oct 2017. This would have been an ample 6-7 month opportunity for CPS clients to exit for a maximum 400% profit?

It sounds like anyone who would have been caught in this bull trap would understandably be quite upset.

Furthermore, if we look at Uranium acquisition and the crossing trade (facilitated by CPS), if the trade was to facilitate the exit of CPS clients, why do they keep adding?

What am I missing here?