It's worth noting that both the MJ Ratta Pty Ltd and this current raise were executed at a premium to the prevailing share price at the time.
Today's 24 million volume is particularly interesting, with the price holding steady at 1.4c.
Considering Ratta's recent acquisition of 58 million shares at 0.6c through the $350k placement last month now valued at approximately $820,000 at the current price of 1.4c one could speculate that Ratta may be taking profits.
Conversely, it seems plausible that WHA Holdings is accumulating shares.
It still begs the question, who is MJ Ratta PTY LTD?
It's worth noting that both the MJ Ratta Pty Ltd and this...
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