I am sure many know those on the register and I would probably wait to see when the selling stops. It still continued today at a very subtle rate, you don't want to tank the price completely.
You will probably get one pump announcement (news) to mark the price up for final distribution to retail.
These IPOs which have multiple projects with no clear flagship or direction headed by a successful mining entrepreneur is the flavour now. There will always be those who like the story, there will always be a greater fool. Beyond the glitz of the story, the register always reveals more than the presentation.
The company has cash which is a positive. Definitely a trade there when the flippers are done.
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