So let me get that right, Euroz organises the latest round of CRs at 5c. shortly after that it’s nominees Tiga and Thorney report that they have cashed in some but still hold 20m shares more than prior the SPP and a total of 70m shares which were worth $3.5m at CR prices and are now worth $16.45m. So by raising the SP target these guys have now made some $13m in six months. If you would hold that many shares would you raise or lower the SP target? What is their SP target hence worth to any unbiased analyst? Did they on top of that also get the 1m shares that were converted at 7.5c two days ago?
Please correct me if I am wrong but it may explain some of the price action the last few days (possible P&D...).
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