And stops...1.1M for $63k. Not exactly a sign of people rushing...

And stops...1.1M for $63k. Not exactly a sign of people rushing for the exit is it..
Just some people liquidating some probably to purchase in the rights issue at a lower price.
Not much incentive to do that at the next buy order at 5c.

Especially given that the institutional rights offer has gone well with US$13M raised.
Potentially a minimum of another US$5m from the IFC from any retail raising shortfall plus whatever the retailers exercise. May even get to US20M-US$24m from the raising giving the bookbuild for the 25% institutional shortfall was over-subscribed.

I think Tiger and their advisors should be congratulated - they structured this really well in my opinion..

DYOR