Interesting indeed. Pretty skinny volume but does look manipulative, what possible motivations?
With options due to exercise at 12 cents by end of June is there something going on here? One of the problems with rights attached to capital raises is the implications for future holders who weren't part of that raise - is it possible a newish holder might want to undermine the viability of options to minimise dilution?
Probably too far fetched given the large number of options already exercised for this round but weird things on market usually have an explanation and with the thin depth it's easy to push around - under 12 cents I'd be open to buy on market instead of exercising. Both options provide support to the company but sub 12 is better for me.
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Interesting indeed. Pretty skinny volume but does look...
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