Why on earth would these sophisticated investors throw 30m worth at a company just about to spud, where failure could lead to SP back to 30c, IMO, this is a big positive.
If these sort of people are willing to get in at 52c, then I think any pull back will be short lived and based on speculation, the SP will smash through the 60c mark before we know anything about artemis 1.
I wonder if the likes of shell and Exxon, who might well have put in a small bid for artemis, are kicking themselves for not doing the same thing as this mob, its more than likely they will do this, on market, driving meo through 70c
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- done over again 52 cents
done over again 52 cents, page-78
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