look at the grades!!, page-38

Ben,

I think you are pretty spot on with your comments about the placement stock coming out at 26c.
There would have been quite a few who weren't too happy with the share trading below 20c after they paid 26c.
With the announcement I wouldn't be surprised if they took that opportunity to get back some of their money at the same price they paid for it.
They might be hoping that they can buy back at a lower level in the next few days.
The results were good but the problem with any company that comes out with spectacular results first time round, the market is then expecting the same next time and can judge harshly when they don't achieve it.
The story continues to build and I am happy to go along for the ride.