Definitely a possibility, 'someone' with cash to spare looking to get more bang for their buck when the company needs to raise at a lower SP. If that is indeed the case, despite the fact that we're getting played by those with money to throw around - someone thinks there are big things in the works for the company's future and wants a bite of the action. I can't blame them for doing it, ASIC are utterly incompetent so why wouldn't they?
Shame we are in this position, at the whim of entities like this with our positions most likely going to be diluted again and again, but that's what happens when money is treated as if it grows on trees... seems like yesterday they had 21 million to play around with, that went up in smoke quick.
MX1 Price at posting:
11.0¢ Sentiment: Hold Disclosure: Held
