Surely not, my belief it's more related to the "At -Call Funding Facility" with Alpha Investment Partners.
The 5 million CPV shares will be offset against the 7 million remaining collateral shares held by Alpha Investment Partners at an issue price of 0.5466c.
These guy's are obviously dumping the stock on market.
From memory it happened last time they used the facility.
Not forgetting they had a Capital raise back in March which also decimated the share price, got as low as 36c.
Plenty of hype and talk and promises, it's time to walk the walk!
CPV, page-3127
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48.0¢ |
Change
-0.065(11.9%) |
Mkt cap ! $116.4M | |||
| Open | High | Low | Value | Volume |
| 54.0¢ | 54.0¢ | 47.0¢ | $851.9K | 1.714M |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 14499 | 48.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 50.0¢ | 15757 | 3 |
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