Interesting day yesterday. Highest volume trading day since Dec 21 and the sixth highest volume day ever. The highest were in the first few days of CHMs life.
So lots of sellers, but equally lots of buyers. And some of those buyers were line wiping. So taking a position.
As a 708 registered with BP, Reach and Morgan's, no offer for CR has been given as of yet. Hence my posting about the timing and amount of thd SPP yesterday.
The SPP record date was last Friday. The close date is the day before the presentation at the conference. Coincidence? Perhaps, but interesting timing. Especially since we have seen no readout of the 3rd cohort, which will be presented.
Those 4 million buyers cant participate in the SPP, the sellers can.
Hopper, the CEO and the board put their money up. Haven't heard of anyone complaining BOD having skin in the game again.
How's the Capital Raise Going to Work?, page-109
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