This 897 481 order at 37 is very odd, if they actually wanted to sell you would think that they would just keep the order off market , dont show their hand and wait for the price to get there and then just start selling into the bids.
You got to question when someone shows their hand like that what are they really wanting to achieve. In this case what does it do, maybe gets a few traders to sell out in front of it, and few weak hands to sell thinking that we wont go through that level. So quite possible that they are actually buying below .37 and when the price get up to .37 they will pull their order.
Interesting to watch here, games being played, which is actually a good sign, sophisticated big players involved.
Great to see the market waking up to IHL, some long term holders that were super convicted being rewarded nicely which is great to see. Good to remind yourself this is only the beginning as well, listing in US will cause an instant re-rate. GLTAH
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