Yeah but this is a tiddler and the raise was substantial in comparison. In the absence of positive news just what catalyst is there to be buying now? Anyone bullish has presumably already filled their boots.
I'm modestly bullish SP3 but as soon as I submitted the form I trimmed my holdings by a similar amount (on the expectation of getting it filled along with the options).
I expect some others are now doing the same. Means absolutely zip for the company's prospects though.
Ann: Results of Meeting, page-7
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