LOL the 'sophisticated investors' are probably the brokers themselves. It's no secret that State One Stockbroking own a fair chunk of GXY stock already.
Num.5 & 6 in GXY Top 20:
5 STATE ONE HOLDINGS PTY LTD 1,544,275 2.0%
6 STATE ONE EQUITIES PTY LTD 1,447,610 1.9%
dishing out 35c shares at this stage is a touch too generous IMO.
LOL the 'sophisticated investors' are probably the brokers...
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