DVE
"Is anyone else wondering why this new investor is offering an amount LESS THAN what the mystery investor did last year, (pre-JORC), at 3.5c, who then disappeared?"
Strategic. Why offer more initially?? They could easily pick up a lazy 10% plus of the coy on-market for well under 3.3c - and maybe the full 19.9% at or under 3.5c with or without SH approval.