I suspect that this announcement was not understood. These shares were issued to payout a convertible note; not to pay creditors. There is a difference. I think a few holders panicked and dumped their shares.
The noteholder got shares at a good price and dont need to sell for a quick profit. Creditors need to pay their bills.
Today we have good news
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- Ann: s708 Notice and Appendix 3B
Ann: s708 Notice and Appendix 3B, page-29
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