Weak hands, short-sightedness, profit taking (maybe they were...

Weak hands, short-sightedness, profit taking (maybe they were sitting on Disallowed and were happy), freeing up capital for the CR (and taking advantage of the spread), who knows?
Point is they might definitely missing out on one hell of a ride over the next year and beyond.
On the back of strong iron ore prices, an undervalued company in a prime region of SA that the Government is keen to develop, this is the right time to be in this stock. People are going on about gold, its all about the iron baby! As Hematite is becoming rarer, its all going to be about magnetite, especially with technology like NextOre, which in my opinion is another big reason to be in this stock.

I am new here, but glad to be holding a modest parcel and will be partaking in full in the CR. I am glad that this opportunity has been extended to shareholders. Right now we are under the radar, but once institutions become involved, in future CR we may not have opportunities like this, especially at these prices. All IMO, DYOR, and most of all enjoy the ride.