POS SPP, page-3

not me no point its so small and cheap and more dilutive.
looks like they told AF dont apply for more than $3M which is the total of it.
If they get say $1M from mum and dads & $3M from AF they will likely take the lot of $4M anyway.

$3.2M is just 3 months budget for "support services for BS" anyway so wont make any impact at all, an offtake deal with $50M cash will do.

We dont even know if AF will take any of them as he was selling at nearly half that price before, nuts, but has stopped that grinch operation. AF might come back on board the Ark.
We know both AF & BMM were excluded by PH from both CRs in Dec & August.
So new holders have flooded in.

total waste of time imho. buying $5k worth, if you want to buy just buy on market a good size parcel at 12.0 and wait for the rerate.
buy at 11.0 sell at 11.75, LOL.
looks like the large CR takers of 200M shares from Morgans & that 111M buyer off BMM have not sold any at all. The volume selling has dried up down here.

We will see if and when its 14-19 if any flip them there but I think most holders other than BMM Citi Morgans Argo are holding LONG.