Thanks for the broker data, I was really curious as to who's...

Thanks for the broker data, I was really curious as to who's been dumping over the last few weeks, and looks like it is retail picking up the cheap shares.

Do you have access to live top 20 lists? Anyone selling 1 m+ shares has to be in the top 20, and we can get an idea of how much ammo they have left.



Speaking of a capital raise, my opinion is that we will see a capital raise combined with Twin Hills (similar to what they did with Yandan), so likely around early June given the 60 day time frame for a binding TSA. Unfortunately the NVO shares haven't cleared due to Aus government approvals of the Malmsbury JV, otherwise that would provide the capital to lock in Twin Hills and raise later when the price is stronger. Capital raise could be any of the types as they have done all in the last 18 months. Hopefully it's an SPP - it was disappointing not being able to join in on the Yandan CR and then watch soph's dump as soon as their shares cleared.