New shares issued on 25th of May. Some selling that day but more on 26th. Next wednesday. Don't know why but it happens.
Then an announcement by then about the scaleback. So for those that missed out, they will be buying more, that will hopefully counteract the selling.
Then the scaleback refund cheques or payments are made by the company for the shares not issued. These payments can take a while. At least a week. But more buying when they hit the accounts.
Pretty volatile for next couple of weeks me thinks.
In the middle of this could come announcements about deals to supply countries or mines or airlines etc. I don't think the company is going to report every deal. Just the big ones. A million tests plus will get an announcement I suppose. They didn't tell the market about the mining company in PNG. But that was a sort of test run.
An indication of earnings/profit per test, in AUD, would be soooo useful.
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