Maybe someone is certain there needs to be a raising eventually.
Alternatively, some people may want to lower price prior to the issue of 100m+ options, priced at VWAP, to senior Photon staff. How cynical that would be!
I'm just going to sit here and do nothing. I think I have enough cash.
btw, I never knew BWM was a 51% owned subsidary. So I learnt something new.