Its interesting the sale today of 221,667 x 6 = 1,330,002 but when rounded up it is the rights issre amount for a holder holding exactly 1,330,000 original shares!
Exactly Deansy's point being the holder of the 1,330,000 has chosen to sell his entitlement of 221,667 for an instant $1,770 profit.
Seems most are holding for the run upwards in particular the large holders as that is the only sale into the 8's.
As pointed out even BHP cant deliver profits like that and that shows my point of a conservative entitlement to thank holders for their support.
Good times moving forward here!
Rob
Its interesting the sale today of 221,667 x 6 = 1,330,002 but...
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