As I recall, you claimed back in January, without evidence, that Acuity actually held on to AZL shares rather than just facilitating their sale. You can keep saying that, but where is your source?
Meanwhile, the reason I can't speak to how it works in Australia is that Acuity compares itself to the US, but it doesn't seem to operate the same as in the US. Here, "Public offering – ATMs allow issuers to trickle shares into the market and may be less dilutive than other offerings, but they are registered offerings. Accordingly, they are not as stealthy as PIPEs, which are announced only after pricing. Once the selling agreement for the ATM has been entered into and as shares are sold, the transactions must be disclosed at the end of each quarter in the issuer’s periodic reports under the Securities Exchange Act of 1934."
AZL Price at posting:
0.6¢ Sentiment: Sell Disclosure: Not Held
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