segregated opportunity fund registered in Cayman island. also this fund has big investments in Blue sky digital marketing (Sydney-AU).. not wealthy fund total asset only 6 mil and k from maximum investment 1 mil.... that means they still want to accumulate after this 470 k another 530 k from market.
or
this could be simple collateral shares for shorting need or to issue at later stage... likely it is for shorting. just a rich punter having confidence to throw 470 k at 1.7 C and sure that he will make 10-20 % at least
