Cromwell, I'd actually be pleased with your rough calc. TC did...

Cromwell, I'd actually be pleased with your rough calc. TC did the last cap raise, plus some previous clients, so their clients would hold (in aggregagte) in the 10s of millions of shares. Given the last cap raise was at 15c (being 13m shares), to have only sold 1.2m shares over 3 months (and given those in the last cap raise are sitting on close to 100% profit) is a sign that the vast majority of their clients are holders. Out of 10s of millions of shares, their clients have sold down less than 4% or 5% of their aggregate holdings. Sure, I'd have preferred them to buy more, but a small adjustment is a positive in that they aren't selling en masse.