Promoters back onto IOT - the next tech stock, page-28

Soph and prof investors/punters received 171m shares on the 14th , say 60m shares have traded over 14th 15th and 16th on both asx and chi-x , so volume wise id say they would make up a majority of those sold. Lets not forget the share price was 8.8c when the 7c placement was done so they thought it was another easy profit taking opportunity, would retail be selling at 7c and below , i don't think so because the whole 292m shares held by retail before the placement has been turned over at least 3 times above 7c . Let the soph and prof investors stew next week and some can pick it up in the low six's